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Proposed Changes to Tax Planning Using Private Corporations
On July 18, 2017, the Department of Finance released legislative proposals and a consultation paper on proposed changes to tax planning using private corporations. Read our summary which focuses on three issues originally identified in Budget 2017.
2017 is a year in which there are larger than usual number of tax changes affecting individual taxpayers. This article includes a listing of the changes to existing tax credits which will be implemented for part or all of the 2017 tax year.