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TAX NEWS

Donation Of Publicly Listed Securities

After May 1, 2006, capital gains arising on the donation of publicly listed securities to registered charities other than private foundations are not taxable.

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The Multi-Purpose RRSP: How Best To Use Yours By Selling Stocks

Most of us are aware that the two primary advantages of RRSPs (apart from helping provide for your old age) are that they provide an income tax deduction and that they allow you to defer income tax.

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Tax Tidbits - Ontario Business Will Benefit From New Tax Collection Agreement

Businesses throughout Ontario will benefit from one tax return, one set of rules and one point of contact as a result of a corporate income tax collection agreement signed on October 6, 2006 by Canada's New Government and the Government of Ontario.

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ANNOUNCEMENTS

Partners and Principals

DMCT, LLP is proud to announce that Stephanie Wiseman has become our newest Partner, effective January 1, 2007. Stephanie has been with us since her co-op years beginning in 1995. The partners and staff wish Stephanie congratulations on this wonderful advancement in her career.

DMCT, LLP is proud to announce that Chris Nitsopoulos and Vince Simonelli have been promoted to Principal, effective January 1, 2007. The partners and staff wish to congratulate Chris and Vince on this career milestone.

Core Knowledge Examination

DMCT, LLP would like to congratulate Adam Bellissimo, Natasha Hunter, Graham Markham and Jane Shi on their successful completion of the CKE. We wish you the best of luck at Summer School.


NEXIA INTERNATIONAL

DMCT, LLP Is Proud To Announce That We Have Joined Nexia International

Nexia International is a worldwide network of independent auditors, business advisers and consultants. The key to Nexia's success is simple: its global representation with member firms ranking in the top ten in the world's major financial and economic centres. This positioning means that Nexia is able to provide a top quality service to its clients with international needs.

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Winter 2007
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DMCT, LLP is a service oriented provider of accounting, tax and consulting advice.
P.O. Box 2014. Suite #2100 - 20 Eglinton Avenue West, Toronto, ON. Canada. M4R 1K8
Ph: 416.480.0160     Fax: 416.480.2646
email: info@dmct.com     online: www.dmct.com

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