Victory: The power of one voice

Victory: The power of one voice

In his 2013 budget, Finance Minister Flaherty announced sudden changes leading to the elimination of unintended benefits pertaining to the leveraging of insurance. These changes will result in the disappearance of a tax avoidance strategy (called 10-8 strategy) promoted by Insurance Companies and sold by unscrupulous advisors at an unimaginable cost to the taxpayers.

http://www.investmentexecutive.com/-/key-changes-for-10-8s-and-leveraged-annuities

 

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