Life Insurance Tax – Tompkins Insurance

All Articles Life Insurance Tax

October 7, 2026

What is a reasonable amount of loan interest – The 10/8 saga continues

The CRA has continued to challenge 10/8 policies that existed prior to 2013.

Florence Marino

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All Articles Capital Dividend Account Corporate Ownership Life Insurance Tax Post-Mortem Planning

July 15, 2026

1% decrease in Ontario corporate tax rate – What it means

Ontario decreased the small business tax rate and decreased the dividend tax credit for non-eligible dividends. For what this means...

Florence Marino

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All Articles Life Insurance Tax Non-Tax & Practical Issues Personal Ownership

April 22, 2026

Life insurance to secure support obligations – Common problems

There is no silver bullet when it comes to structuring life insurance to secure support obligations.

Florence Marino

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All Articles Life Insurance Tax Non-Tax & Practical Issues Personal Ownership

April 9, 2025

Exiting Canada and life insurance – Part I – Leaving with personally held life insurance

Moving out of Canada with a personally owned life insurance policy is a lot more complicated than you might think!

Florence Marino

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All Articles Capital Dividend Account Life Insurance Tax

March 26, 2025

Life insurance taxation 101 – A unique tax regime

Life insurance has a unique tax regime. Death benefits are tax-free. Dispositions can result in taxable income.

Florence Marino

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All Articles Life Insurance Tax Personal Ownership

March 12, 2025

Moving to Canada with foreign life insurance

What are the tax consequences of moving to Canada with foreign life insurance?

Florence Marino

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All Articles Corporate Ownership Life Insurance Tax

February 26, 2025

Divisive reorganizations and life insurance – Breaking up is hard to do

When it comes to divisive reorganizations, life insurance can be a challenging asset to deal with from a tax point of view. When putting corporate owned life insurance in place, it is important to consider…

Florence Marino

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All Articles Capital Dividend Account Capital Gains Corporate Ownership Life Insurance Tax Non-Tax & Practical Issues Personal Ownership Post-Mortem Planning

December 11, 2024

Joint last-to-die life insurance – Food for thought

When is joint last-to-die life insurance the right fit? And when is it not? Here are some considerations.

Florence Marino

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All Articles Business Succession EOTs Life Insurance Tax Trusts

July 31, 2024

Legislative loose ends

For an update on enacted tax legislation and some of the loose ends we’ve been following.

Florence Marino

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All Articles Life Insurance Tax Personal Ownership

July 17, 2024

Roll-over of life insurance to a child – it’s a thing!

For a primer on the ins and outs of the rollover for transfers of a life insurance policy to a child.

Florence Marino

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Life Insurance Tax15

What is a reasonable amount of loan interest – The 10/8 saga continues

1% decrease in Ontario corporate tax rate – What it means

Life insurance to secure support obligations – Common problems

Exiting Canada and life insurance – Part I – Leaving with personally held life insurance

Life insurance taxation 101 – A unique tax regime

Moving to Canada with foreign life insurance

Divisive reorganizations and life insurance – Breaking up is hard to do

Joint last-to-die life insurance – Food for thought

Legislative loose ends

Roll-over of life insurance to a child – it’s a thing!

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