Reading Time: 4 minutes The MD of Taber faces a Feb. 24 deadline on a contentious grazing lease policy, as residents debate the future of 81,355 acres of native grassland.
Clock ticking on Alberta grazing lease controversy
Grazing leases on tax-recovery land set to expire at end of February as Municipal District of Taber residents look for long-term resolution
Southern Alberta lease policy changes offer tax relief hope
M.D. resident cites exorbitant residential/non-residential tax rates compared to farm land
Reading Time: 4 minutes Grazing/cultivated lease controversy continues in southern Alberta municipality with residential landowners weighing in over taxes.
U.K. softens stance on farm tax after months of protests
Britain’s government said on Tuesday it would scale back its plan to raise more tax from farmers, following months of protests since the introduction of an inheritance tax charge on farms was announced in 2024.
Family farms at risk from higher capital gains rates: GGC
[UPDATED: June 11, 2024] Glacier FarmMedia – Looming changes to Canada’s capital gains inclusion rates will increase average taxes by 30 per cent on the country’s family-run grain farms, putting their futures at risk, according to research conducted by the Grain Growers of Canada (GGC). “Our research shows that an average grain farm in Canada, […] Read more
You can pay less tax on farm succession
Bill C-208 called a game-changer for farm transition, if you know how to use it
Reading Time: 5 minutes Glacier FarmMedia – Taking advantage of the revamped Bill C-208 can offer farmers significant tax savings when it comes to succession. Bill C-208 was initially introduced as a private member’s bill by Manitoba MP Larry McGuire in 2021. The bill sought to amend the federal Income Tax Act to exclude the intergenerational transfer of farms […] Read more
German government dilutes 2024 subsidy cuts after farmer backlash
Farmers protested in Berlin's streets after the announced end of tax breaks last month
Germany's coalition government has agreed to change its 2024 budget plans, a government spokesperson said on Thursday, after subsidy cuts proposed to bring spending in line with debt rules angered farmers.
German farmers protest with tractors against austerity measures
The German government proposed to abolish fuel subsidies to meet savings targets
According to next year's budget, a partial tax refund on agricultural diesel, along with a tax exemption for agricultural vehicles, will be abolished to meet the saving targets - a measure farmers said would threaten their livelihood and the competitiveness of Germany's agricultural sector.
Feds plan to ease Underused Housing Tax reporting load
New exemption also proposed for employee housing outside cities
Federal Finance Minister Chrystia Freeland’s latest Fall Economic Statement offers to take some of the reporting burden off certain farmers and other Canadians when filing for exemptions from the national Underused Housing Tax (UHT). The federal finance department on Nov. 16 posted its legislative and regulatory proposals for changes to the UHT online and has […] Read more
Underused housing tax undue burden on farmers, ag groups say
Many farms can apply for exemption, but the process can be expensive, a letter to federal ministers says
Agriculture leaders say a federal tax on ‘underused’ housing is causing an unintended and undue burden on farmers. “We urge the government to exempt farmers from the requirement to file a [underused housing tax] return,” said a letter sent to federal ministers. The Canadian Canola Growers, Canadian Federation of Agriculture, Canadian Cattle Association, Ontario Fruit […] Read more
CGC, other fed workers to strike Tuesday night if no wage deal reached
Tax season, passport renewals may also be affected
Ottawa | Reuters — Some 155,000 public workers in Canada will go on strike at midnight on Wednesday if they are unable to reach a wage deal with the federal government, the leader of the Public Service Alliance of Canada (PSAC) union said on Monday. PSAC president Chris Aylward said he was “setting a clock […] Read more
Cyber-Savvy Farmer
