[flagged]
The guy is raving, if he had imported it, he was going to get ripped off by private corporations not by the government. There are no duties on importing US agricultural equipment parts into Canada, HST is max 15% so $1.50 extra. At $10 it would fit under the de minimis tax/duty value which is CAD$20, so he wouldn't even have to pay tax on it and no broker is necessary. What did him in was the shipping cost plus UPS a…
A Canadian payroll dependency chart
181–190 of 301 posts
Re: A Canadian payroll dependency chart
#182[flagged]
Milei is already trying to allow employers to pay employees in meat and milk instead of currency. Anyone who is looking towards Argentina as an exciting example of what Libertarianism can do in a crisis, get ready to be deeply disappointed. I agree that (western) government has a severe problem in how it can't keep regulations streamlined, up to date, and able to be realistically met, but looking to the situation in…
The correct approach ofc would be to manage money supply responsibly but Argentina has failed to do that over and over.
Re: A Canadian payroll dependency chart
#183Being someone who has some experience with tax law, the cycle of tax complexity goes like this: 1. Tax law is passed. 2. Really smart CPAs and Tax Lawyers figure out ways to legally avoid paying taxes. 3. Tax people issue regulations intended to close those loopholes. 4. Administrations change and they want to win votes and tweak the economy so they lower some taxes and add tax breaks. 5. New administration comes in…
Re: A Canadian payroll dependency chart
#184Earlier quoted context omitted.
Also don't get me started that I can't use an api to get my account details and statements in Canada. Anyone know if there's any ongoing effort to this effect - i.e. to force banks to implement a common API for querying data held in their accounts? A brief search reveals that Canada is of course missing from https://en.wikipedia.org/wiki/Open_banking
Don't be fooled by the "open banking" propaganda, we've had it in the EU for years and we're still scraping web apps like in the old days. I tried to get API access to my bank account and was told by my bank that Open Banking is not for physical persons. I tried to the same for my nonprofit and was told that only licensed PSD2 TPPs ("third-party providers") can use it. The national bank issues those licenses, but pro…
Re: A Canadian payroll dependency chart
#185That's funny, I made something similar a few years ago for the IRS https://nampas.github.io/tax-map/
This is the worst version of Planarity I've ever seen, congrats.
Re: A Canadian payroll dependency chart
#186[flagged]
Hyperinflation? Some revolutionary changes are best left untried.
Re: A Canadian payroll dependency chart
#187Props to the author. At this point, CRA should just post a reference implementation of all the formulas, so that small businesses can benefit from it.
They won't. They have no mandate to provide a clear answer.
But, I also don't run a small business, and am just a tax payer. Though when I had a small consultancy and corporation they were also actually fine to deal with.
Re: A Canadian payroll dependency chart
#188Re: A Canadian payroll dependency chart
#189Re: A Canadian payroll dependency chart
#190Earlier quoted context omitted.
"Needed help" because the powers of the day decided to lock down the economy far past any reasonable length of time. I suppose if I quit my job I "need help" feeding myself too. Another example is Quebec sitting on a gargantuan natural gas reserve, but preferring to keep it in the ground because it's more advantageous to simply receive payments from other provinces (Alberta). Carbon/emission considerations aside, thi…
>Carbon/emission considerations aside This seems like a massive thing to just throw aside.
Meanwhile Alberta burns (and leaks) natural gas and coal and gripes because the rest of the country is punishing them for it, and complains to high heaven that we're not making new markets for them (or others) to burn and leak more of it.
Quebec and Ontario have prioritized manufacturing over resource extraction, and that benefits their population.