Explainer: What is the stock option deduction loophole?
The stock option deduction loophole is one of the most unfair and regressive tax loopholes of all.
What could Canada do with 20 years of lost corporate tax?
Canada has lost over $1.1 trillion in corporate tax over the last two decades, compared to what we would’ve raised if corporations were paying at the statutory rate of the 1990s. Here's what we could have gotten instead...
Explainer: What is the capital gains exclusion loophole?
WHAT IS A CAPITAL GAIN AND WHAT IS CAPITAL PROPERTY?
Muneeb Javaid
With extensive experience in political and non-profit organizations, Muneeb Javaid brings his expertise to help resource C4TF's vital work. His passion for engaging supporters creatively and building meaningful partnerships is driven by his dedication to progressive campaigns, rooted in personal experiences as a worker and a second-generation Pakistani-Canadian. Outside of work, he enjoys socializing in Toronto's vibrant communities and exploring the city with his partner and pets.
Explainer: What’s the difference between statutory and effective tax rates?
WHAT ARE ‘STATUTORY’ TAX RATES?
Statutory tax rates are the rates set by government statute as a percentage of a corporation’s or a person’s total income.
The Fair Tax News, January 2022
In this January 2022 edition: Long-time progressive public policy campaigner and fair tax fighter Katrina Miller has taken the helm at Canadians for
Katrina Miller takes over as C4TF's Interim Executive Director
Canadians for Tax Fairness is pleased to announce the appointment of a new Interim Executive Director, Katrina Miller, replacing Toby Sanger, who is retiring.
Report: January 7th is Corporate Income Tax Freedom Day 2022
Summary
Report
Introduction
At 12:33am on January 7, Canadian corporations collected the last dollar needed to pay their annual corporate income tax bill.[ii]
Since 2010, Corporate Income Tax Freedom has arrived, on average, by 2:19am on January 7. However, the time has been trending earlier and earlier with corporations keeping an additional half hour or so of revenue each year. This trend is a direct result of falling corporate income tax rates and widespread use of tax loopholes, tax havens, and aggressive corporate accounting.