CRA takes offence with leveraged insurance products

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They say that all good things come to an end. Well, in the world of tax planning, at least, it seems that many good tax things come to an end eventually. On Aug. 26, the Canada Revenue Agency (CRA) issued a news release about a strategy known as a Leveraged Insured Annuity (LIA).

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Original Article Source Credits: The Globe and Mail, https://www.theglobeandmail.com

Article Written By:  TIM CESTNICK

Original Article Posted on:  OCTOBER 29, 2020

Link to Original Article: https://www.theglobeandmail.com/investing/personal-finance/taxes/article-cra-takes-offence-with-leveraged-insurance-products

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