On July 18, 2017, the Department of Finance released a consultation paper regarding Tax Planning Using Private Corporations (the Consultation Paper). There are three main areas discussed in the Consultation Paper with respect to taxation of private corporations that we would like to highlight that, if enacted as proposed, may have a significant impact on your Professional Corporation (PC).
Click the link to access our alert summarizing these recent developments. >> Regulatory Alert | Proposed Tax Changes Impacting Professional Corporations