Prepare Your Business for the New Tax Changes

Prepare Your Business for the New Tax Changes

Six corporate planning ideas to discuss with your trusted advisor

 

For small businesses and professional corporations alike, the 2017 tax proposals represented the most substantive changes to the Income Tax Act in the last 40 years. The Liberal Government presented these as an attempt to remedy perceived tax advantages in the current tax system. After much anticipation and speculation, late fall announcements and the recent 2018 Federal Budget delivered on several, but not all, of the proposed tax changes announced last year.

 

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