Over 2016 and 2017, business owners have been affected by the tax changes proposed by the federal government. Our Tax group has been at the forefront of these changes, speaking at industry events and seminars, educating tax professionals and clients on how the proposed changes will affect business.

Most recently, Cathie Brayley and Areet Kaila spoke at the Business Owners & Tax: Tax Reform Impact seminar on:
• Tax consequences to the Canadian Private Corporation
• Incoming splitting—dividends paid to a non-involved spouse
• Potential loss of capital gains on sale of business
• Punitive taxation on corporate savings and holding companies

We jointly presented the seminar with Thrivewise. It was for all types of tax professionals to learn about changes to consider adapting and pitfalls to avoid, corporate structures to consider as well as mitigating punitive tax increases and maximizing tax exemptions, where possible.

To learn more about the proposed changes, visit our Tax group’s News & Insights page.