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tax exempt

We are being affected and we don't even know how...

on Sun, 10/21/2012 - 19:26

On March 29, 2012, the Federal Minister of Finance, Jim Flaherty, presented the government’s budget. The budget proposes technical changes to a life insurance policy on its tax exempt functionality. That rule particularly impact the life insurance policies issue on or after 2013. I had been trying to "wait and see", to understand whether any insurance company would release any memo or article in regards to this.