Canada Proposes Closing Loopholes for those using Private Corporation

Crackdown on “Unfair Tax Practices” undertaken by Private Corporations – July 18th 2017 Tax Proposals

I was blissfully enjoying my quiet vacation after a typically hectic tax season and hoping to relax for the rest of the summer, when I was hit with the July 18th, 2017 tax proposals by the Department of Finance (“Finance”) that means to eliminate certain “unfair tax practices” used by private corporations. Below is a […]