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Department of Finance Proposed Changes for Canadian Entrepreneurs

Department of Finance Proposed Changes for Canadian Entrepreneurs ​​​​​On July 18, 2017, the Honourable Bill Morneau released proposed changes to the following three areas of tax planning using private corporations: Income Sprinkling The proposed changes significantly expand the current rules targeting income splitting among family members.​ ​Holding Passive Investments Inside a Private Corporation The Government…

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