Tag: rules

Charitable contributions deduction is a tax incentive offered to individuals that donate sums to a recognized charity. The tax deduction allows taxpayers to reduce...

What is 'Call Auction' Where participants buy or sell units of a good. At a call auction, participants place orders to buy...

What is 'Call Rule' A exchange rule whereby the official bidding price for a cash commodity is competitively established at the end...

What is CMHC and what do they do The Canadian Mortgage and Housing Corporation (CMHC) is a Canadian Crown corporation that provides mortgage loan insurance,...

What is 'Canadian Securities Administrators - CSA' A collective forum composed of all the provincial and territorial securities regulators of Canada. The...

Home Ownership by Country Canada Mortgage and Housing Corporation (CMHC) What is 'Canada Mortgage and Housing Corporation - CMHC' An organization sponsored...

What is 'Passive Activity' Passive activity is activity in which the taxpayer did not materially participate in during the tax year. Internal...

What is 'Passive Activity Loss Rules' A set of rules that prohibits using passive losses to offset earned or ordinary income. Passive...

What is 'Impose' The act of placing a fee, levy, tax or charge on an asset or transaction to the detriment of...

What is 'Qualifying Annuity' This type of annuity is similar to any other, except that it has been approved by the IRS...