Perley Blog: Federal government responds to feedback on proposed changes regarding taxation of private corporations
During Small Business Week (Oct. 15 to 21), the federal government released an outline of its response to the over 21,000 submissions it received during the consultation period concerning the July
Move aims to water down Morneau's proposal on passive-investment income, so that only three per cent of the "most-wealthy" privately owned corporations will have to pay higher taxes.
The prime minister is to announce the reduction Monday, along with some changes to the tax reform proposals.
Business leaders sent new letters to the federal government insisting the proposed tax changes, which the Liberals have said are aimed at creating more fairness in the system, will cause considerable…
We talked to three experts who outlined how these changes might affect SMEs and professionals, and how they hope the dialogue surrounding “fair play” might change in the future.
Ottawa-based Canadian Advanced Technology Alliance among organizations opposing the change.
In Ottawa, the Canadian Advanced Technology Alliance says the “ill-conceived” legislation could end up hurting entrepreneurs and small businesses.
The new regime would limit the owners of private companies from “income sprinkling,” or spreading out income to family members as a way to reduce payable taxes.
The federal government is proposing measures to tighten what it calls "unfair" loopholes for private corporations that enable many wealthy Canadians, including professionals like some doc
As 2016 comes to a close and holiday shopping is in full swing, another important deadline looms: making your charitable donations. If you give to a charitable cause by December 3