is life insurance taxable in ontario

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Insurance - General Information - Ministry of Finance - Ontario.ca
Mar 30, 2012 . This guide explains how Ontario retail sales tax applies to insurance . If the mortgage insurance is an individual life insurance policy, RST is .
http://www.fin.gov.on.ca/en/guides/rst/519.html

Remuneration - Ministry of Finance - Ontario.ca
Taxable total Ontario remuneration means the remuneration after the employer's . Savings Plan (RRSP); employer-paid group life insurance premiums.
http://www.fin.gov.on.ca/en/bulletins/eht/0296.html

Ontario Insurance Premium Tax
Mar 30, 2012 . The Ontario Insurance Premium Tax (Premium Tax) is administered by the . capital tax; special additional tax on life insurance corporations .
http://www.fin.gov.on.ca/en/tax/premium/index.html

  1. Taxes Paid When Employing a Nanny

    • Insurance and Taxes: The HST in Ontario and British Columbia
      May 26, 2010 . Are Ontario car insurance premiums affected by the HST? . Pre-harmonization, Ontario home insurance premiums were taxed PST (at 8%) . As for other insurance premiums, like travel insurance, life insurance and health .
      http://www.kanetix.ca/insurance-auto-hst-on-premiums

    Child Tax Credit or Dependent Care Account

    • SCHEDULE 512 ONTARIO SPECIAL ADDITIONAL TAX ON LIFE ...
      (2009 and later tax years). Complete this schedule for a life insurance corporation carrying on business in Ontario at any time in the tax year. The Ontario special .
      http://www.cra-arc.gc.ca/E/pbg/tf/t2sch512/t2sch512-08e.pdf

      Protecting Your Estate from Taxes and Creditors in Ontario Canada
      This is a fairly recent decision of the Ontario court and might yet be appealed at the . As with an RRSP, the way to protect the proceeds of a life insurance policy from . Your estate is then taxed on 50% of those capital gains, less 50% of any .
      http://www.rgcoates.com/ProtectingYourEstate.htm

    Employee Benefits

    • Precision Life Insurance Tax Consulting and Preparation Services ...
      Insurance, Financial & Tax Planning Group, Toronto, Ontario, Canada . need of clients particularly in insurance for life, critical illness, medical dental, disability, .
      http://www.precisioninsurance.ca/

      Life Insurance Canada
      LSM Insurance will help you get the life insurance you need for less money than anyone else in Canada. . Death benefits are paid-out on a tax-free basis.
      http://lsminsurance.ca/

    Avoiding Taxes

    • Group insurance taxation. - Group Lockhart Inc.
      The proceeds of a group insurance policy, that is group life insurance or group . In Quebec and Ontario there is also a sales tax added to the premiums for all .
      http://www.grouplockhart.com/benefit.htm

      Corporate Owned Life Insurance Tax Considerations
      corporation purchases a life insurance policy, it is important to ensure the tax . Corporations that are subject to tax in Ontario may be subject to Ontario .
      https://repsourcepublic.manulife.com/wps/portal/Repsource/SalesResources/Insurance/TaxEstatePlanning/TaxTopics/!ut/p/c4/04_SB8K8xLLM9MSSzPy8xBz9CP0os3hPQ2cnYzdTEwN_A2MXA09HnyAzozAzA3dHY_2CbEdFADecTfo!/?1dmy&urile=wcm%3Apath%3A/wps/wcm/connect/repsourceformsmktg/marketingmaterials/insurance/tax+and+estate+planning/ins_tepg_taxtopiccorpownedtaxcon

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