2017 Q4 Tax Update: Income Sprinkling Rule Changes
In the recent (Dec. 13, 2017) release from the Department of Finance, we now have some additional information on how the income sprinkling rules will impact small business owners and their families. Family members who are caught by the new income sprinkling rules will...
Budget 2017: GST and Other Tax Changes
On March 22, 2017 the Honourable Bill Morneau, Minister of Finance, presented the 2017 Federal Budget, Building a Strong Middle Class, to the House of Commons. The Government’s fiscal position includes a projected deficit in 2016-2017 of $23.0 billion, and projected...
Budget 2017: Corporate Income Tax Changes
On March 22, 2017 the Honourable Bill Morneau, Minister of Finance, presented the 2017 Federal Budget, Building a Strong Middle Class, to the House of Commons. The Government’s fiscal position includes a projected deficit in 2016-2017 of $23.0 billion, and projected...