Commentary on Dec 13th Government Proposals for "Income Sprinkling" & Private Corporation Tax Planning

Since the Department of Finance proposed significant changes to the taxation of private corporations and their shareholders on July 18, 2017, business owners have been waiting for more clarity on what those changes mean to them.  December 13th the Department of Finance released revised proposals and we have a summary of this new information:

Commentary on December 13th Government Proposals

If you have any questions on these proposals or tax planning using private corporations in general, please do not hesitate to contact us.

Laurie Hudema, CPA, CA
Partner, Tax
lhudema@virtusgroup.ca
306-522-6500

Clint Gifford, CPA, CA
Partner, Tax
cgifford@virtusgroup.ca
306-653-6100

 

Jeff Hansen, CPA, CA
Senior Manager, Tax
jeff.hansen@virtusgroup.ca
306-522-6500

Janice Fox, CPA, CA
Associate, Tax
jfox@virtusgroup.ca
306-653-6100

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