In the Mood With Kim G C Moody

Becoming a Non-Resident of Canada - Episode 5

In this episode, Kim Moody describes recent Canadian history and tax events that have caused a significant spike in the interest in successful Canadians leaving Canada.  He also describes the basic tax implications of becoming a non-resident of Canada for tax purposes. 

Short Term Rental CDN Tax Proposal - Episode 4

In this episode, Kim G C Moody discusses the silly Canadian taxation proposal that will prohibit expense deductions against the short-term rental income for owner / operators of such properties that are operated in an area that prohibits such rentals. He compares this proposal with a tax compliant drug dealer who will be better off than the “evil” short-term rental owner. He argues that Canada’s housing problems won’t be solved by this silly political proposal and should be abandoned.

Canada’s High Personal Tax Rates - Episode 3

In this inaugural episode of “In the Mood With Kim G C Moody”, host Kim Moody discusses Canada’s high personal tax rates and the impacts to Canada’s ability to compete for capital and talent. He argues that, despite Canada’s comparatively small size, Canada needs to compete with its neighbour to the south, the United States. He also discusses some other implications of high personal tax rates such as successful people leaving Canada. He closes the podcast with some straight forward suggestions as to what average Canadians can do to push for lower personal tax rates.

The 6th Anniversary of the Revamped TOSI Rules. Have They Been Effective? - Episode 2

In the latest podcast by Kim G C Moody, he reminisces on the 6th anniversary of the July 18, 2017 private corporation tax proposals. Specifically, he discusses:
A short review of the July 18, 2017 tax proposals and the fury that resulted after that time.
A discussion of whether or not the amendments to the tax on split income rules (“TOSI”) to curb income splitting amongst family members were necessary.
A short discussion on whether or not Canada should adopt “family taxation” as first proposed by The Royal Commission on Taxation’s report released in 1966. Wouldn’t family taxation eliminate the desire to income split?
Have the amended TOSI rules been effective?
Happy listening!

The Need For Tax Reform in Canada - Episode 1

In this week's episode, Kim G C Moody discusses how Canada is long overdue to engage in comprehensive tax reform and review. Our country needs fresh eyes on how we tax, what we should tax, and how we improve our tax system for all Canadians. Tune into this week's podcast as Kim explores and educates listeners on this crucial Canadian topic.