CCPC
Revised Rules on Income Sprinkling
Wealth Planning | Dec 19, 2017
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….
CCPC’s – Stay Tuned…
Wealth Planning | Jul 19, 2017
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…