CCPC’s – Stay Tuned…
On Tuesday, Finance finally released the highly anticipated “Tax Planning Using Private Corporations” discussion paper. The proposed tax measures announced are complex and were far more broad reaching than anticipated. It can also be said that many stakeholders – tax accountant and legal professionals, business owner organizations, and professional bodies – are dismayed at the scope of the proposed tax measures and reactions have been strongly against their implementation.
To help you better understand the proposed measures, we have provided an overall brief description of the discussion paper, which can be downloaded from the following link.
On Tuesday, Finance finally released the highly anticipated “Tax Planning Using Private Corporations” discussion paper. The proposed tax measures announced are complex and were far more broad reaching than anticipated. It can also be said that many stakeholders – tax accountant and legal professionals, business owner organizations, and professional bodies – are dismayed at the scope of the proposed tax measures and reactions have been strongly against their implementation.
To help you better understand the proposed measures, we have provided an overall brief description of the discussion paper, which can be downloaded from the following link.