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Many regions in Western Canada and Quebec are eligible for livestock tax deferrals due to dry conditions this year.
Livestock

Livestock producers receive tax relief for 2019

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Drought in Western Canada and Quebec has prompted the federal government to release an initial list of regions eligible for livestock tax deferrals. The livestock tax deferral provision allows livestock producers in prescribed drought, flood or excess moisture regions to defer a portion of their 2019 sale proceeds of breeding livestock until 2020 to help […] Read more
History, Our History

History: A Proposed New Method of Assessing Land for Tax Purposes

Reprinted from the January 1951
 issue of Canadian Cattlemen

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A Proposed New Method of Assessing Land for Tax Purposes By T. H. Freeman, Director of Assessments for Saskatchewan ‘As a preface to the subject, it might be advisable to review very briefly the methods used in the past for assessing grazing land or what is technically described as Land Class 1. In 1939 a […] Read more
cattleman on a horse
CCA reports, News

CCA Report: Tax and NAFTA

From the November 2017 issue of Canadian Cattlemen

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It has been a busy and productive month for the Canadian Cattlemen’s Association (CCA). Tax policy has been one of the top domestic policy issues for the CCA since the Government of Canada’s mid-summer announcement. We welcomed the government’s revisions to the tax change proposal announced in October, as their original plan had the potential […] Read more
So what is a BAT? In the present proposal, it would be a 20 per cent tax, the same thing as a tariff, on all goods imported into the U.S.
Free Market Reflections, Livestock, Markets

The BAT that will smack trade

Free Market Reflections with Steve Dittmer

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As if trade relations with the States under a new president weren’t uncertain enough for Canadians, the tax reform plan the Republicans introduced suddenly shows up with a nasty, anti-import provision in it. Suddenly, because in all the discussions over the last couple of years regarding big tax reform proposal — long before anyone knew Trump […] Read more
(Cat.com)
Livestock, Machinery, Reuters

Caterpillar says compliant with tax laws after IRS claim

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Reuters — Caterpillar Inc. said Friday it was compliant with tax laws, a week after federal law enforcement officials raided three of the company’s buildings in connection with a probe into the heavy machinery manufacturer’s offshore tax practices. The Internal Revenue Service (IRS) has challenged the company’s taxes for the years 2007-2012, the company said […] Read more

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