November 2017

THE GOVERNMENT NEEDS A NEW APPROACH TO INCOME TAX REFORM

 

What a mess the Finance Minister, the Finance Department, the Prime Minister’s Office, and the Privy Council Office created, over the past few weeks, in their attempt to reform the taxation of Canadian Controlled Private Corporations (CCPC).

The Finance Minister has now backtracked on the most contentious of his original proposals, and has made some of the other proposals more palatable.  Given all this, why did the Finance Minister even bother with his July 18th proposals in the first place?

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