When the Department of Finance released its proposed changes to the taxation of private corporations in Canada on July 18, 2017, entrepreneurs across the country immediately took issue with measures they felt would cause undue financial harm to their businesses. And for good reason.
If passed, these proposals will have extensive implications for all private corporations and their shareholders, affecting businesses of all sizes, as well as incorporated professionals and consultants.
In our latest KRP webinar, Canadian Federal Tax Reform: How Will it Affect Your Business, KRP Partner Armando Iannuzzi provides a comprehensive overview of these proposals and the many variations made to them since their announcement. Armando will also review how these proposed changes could potentially impact you and your company, while covering the various tax planning strategies available to help manage the fallout if this legislation becomes law.
The KRP Team