The second quarter webcast of Wealth Matters for 2018 will be held on Wednesday, May 9 at 11 a.m. PST. Many business owners and tax professionals alike have been following the federal government’s proposed tax reforms for private corporations since last summer. Regrettably, the changes have kept coming. In this…
On December 13, 2017, Canada’s Minister of Finance, Bill Morneau, announced revised tax measures related to “income sprinkling” by business owners and their families. The new rules will take effect on January 1, 2018. Alongside Minister Morneau’s announcement, the Canada Revenue Agency (CRA) released guidance on the proposed tax measures….