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1-10 results from 1000 for query «taxes»

January 17, 2018 6:49 PM Loblaw, CRA face off in court in $404-million dispute over tax avoidance allegations

The Canadian Revenue Agency alleges the grocery giant is using its Barbadian banking subsidiary in order to circumvent tax rules. Loblaw Companies Ltd. and the Canada Revenue Agency faced off in a Toronto court today, the latest in an ongoing battle involving allegations that the grocery giant’s Barbadian banking subsidiary was misused for tax avoidance 14

January 8, 2018 5:08 PM TD Bank’s quarterly earnings cut due to U.S. tax changes

A one-time impact, the bank says its first-quarter results will be cut by about $400 million (U.S.). Toronto-Dominion Bank expects its first-quarter results will be cut by about $400 million (U.S.) due to changes in U.S. taxes, but says that a lower corporate tax rate will have a positive effect on future earnings. Tax changes signed by U.S. President 13

December 10, 2017 5:00 AM How to save money on shoes

We asked an expert on footwear how to save money on footwear. Whether it’s sneakers or sandals, high heels or loafers, work shoes or rain boots, shoes can also be a pricey part of your wardrobe. The Star reached out to Torontonian Kimberly Lyn, fashion and lifestyle writer on her website “The Souls of My Shoes”. As a self-proclaimed shoe lover, Lyn shared 19

December 5, 2017 9:31 PM Ireland to collect up to $15 billion in back taxes from Apple

The European Commission had ordered Ireland to collect the money after concluding that two Irish tax rulings allowed Apple to pay less tax than other businesses, giving them an unfair advantage. LONDON—Ireland has struck a deal with Apple to collect up to $15 billion in back taxes and hold it in an escrow account pending an appeal before the European 14

December 5, 2017 12:11 PM Ireland to start collecting US$15B in tax from Apple

LONDON -- Ireland has struck a deal with Apple to collect up to 13 billion euros (US$15 billion) in back taxes and hold it in an escrow account pending an appeal before the European Court of Justice. The government said in a statement Monday that an agreement had been reached "in relation to the framework of the principles that will govern the escrow 20

November 30, 2017 4:49 PM U.S. governors to Canada: Use NAFTA to relax duties on online purchases

WASHINGTON - Several U.S. state governors are pressing Canada for freer trade in online goods. Eight governors have written a letter seeking a drastic expansion in the $20 duty-free limit Canada allows for online purchases. Their letter to Foreign Affairs Minister Chrystia Freeland and U.S. trade czar Robert Lighthizer says the NAFTA talks are an opportunity 20

November 24, 2017 4:56 PM Report shows federal deficit at $5.9 billion halfway through fiscal year

OTTAWA - The federal government ran a deficit of $5.9 billion over the first half of its fiscal year, a more modest dive into the red than that of the same period one year ago. Between April and September of the 2016-17 fiscal year, the Liberals ran a deficit of $7.8 billion. For September alone, the government ran a budgetary deficit of $3.2 billion 15

November 13, 2017 8:08 PM Canadian tax-evasion fight zeros in on transactions involving Israeli bank

OTTAWA - The Canada Revenue Agency is seeking information from three Canadian banks about customer transactions linked to an Israeli financial institution as part of a federal crackdown on offshore tax evaders. Newly filed court records reveal the agency wants to see account records associated with Bank Hapoalim to determine whether Canadians are concealing 29

November 7, 2017 5:48 PM Donald Trump made 32 false claims last week, 835 since his inauguration

WASHINGTON—As he tries to sell his plan to cut taxes, U.S. President Donald Trump keeps saying that the U.S. is “the highest-taxed nation in the world,” or “almost.” Neither is even close to true: the U.S. is below average for taxation in developed countries. Trump added 32 other false claims last week. All together, he has made 835 false claims over his first 26

November 6, 2017 4:59 PM 'Proud Canadian' Stephen Bronfman says no tax laws broken

OTTAWA - The federal Liberal party's chief fundraiser says he has never violated Canada's tax laws through the use of offshore tax havens. Stephen Bronfman has issued a statement saying he's never funded nor used offshore trusts, and that all his Canadian trusts have paid all federal taxes on their income. Tax avoidance measures involving offshore trusts 24