Private Corporation Tax Proposals - Update Oct 18 2017
Post date: Oct 18, 2017 3:24:21 PM
The tone of the discourse surrounding the Federal Government's proposed changes to taxation for Private Corporations has certainly turned political. The good news is that the government is considering changes to some of the proposals in an effort to respond to the feedback they have received. A great source of information regarding the most current events can be found on the BDO Canada site.
https://www.bdo.ca/en-ca/insights/tax/private-corporation-tax-changes/
Their most recent publication outlines the recent amendments https://www.bdo.ca/en-ca/insights/tax/tax-alerts/government-responds-changes-private-company-consultation/
Collins Barrow has recently released their analysis of the Passive Income tax proposals. https://www.collinsbarrow.com/en/cbn/publications/proposed-changes-finance-takes-hard-stance-on-passive-income-of-private-cor
We have also seen that Kim Moody of MoodysGartner has taken a much needed leadership role in discussing these proposals with the public and the government. Check out their website: