Budget 2023 proposes to provide flexibility in the context of intergenerational transfers. Specifically, it proposes that taxpayers who wish to undertake a genuine intergenerational share transfer may choose to rely on one of two transfer options: An immediate intergenerational business transfer bas

The budget expects a deficit of $43 billion for 2022-23 and forecasts deficits of $40.1 billion for 2023-24, and $35 billion for 2024-25. Although the budget does not change the federal personal or corporate tax rates, it does make new changes to broaden the Alternative Minimum Tax (AMT) by disallow

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