Small business

Small business tax regime almost ‘unworkable’ Fallback Image Decorative pattern

Tax News

Small business tax regime almost ‘unworkable’

Ottawa’s changes to the private corporation and small business tax rules have made the new regime so complex that it’s almost unworkable, tax experts said at a conference panel Monday. Speaking at the Society of Trust and Estate Practitioners’ annual conference in Toronto, panelists said rules around associated corporations, arm’s-length individuals and various carveouts make […]

By Simon Doyle |June 13, 2017

3 min read

Small business accounts for 42% of new jobs Fallback Image Decorative pattern

Economic Indicators

Small business accounts for 42% of new jobs

But businesses face headwinds of revenue expansion and financing.

By Staff |April 19, 2017

2 min read

Op-ed: Why Finance shouldn’t target passive investments in private corps Fallback Image Decorative pattern

Industry

Op-ed: Why Finance shouldn’t target passive investments in private corps

It's not actually that advantageous to hold investments inside a corporation.

By Dave Faulkner |March 27, 2017

3 min read

How Finance might curb tax advantages for private corps Fallback Image Decorative pattern

Industry

How Finance might curb tax advantages for private corps

Your business owner clients may think of themselves as middle class, but according to the Trudeau government, they aren’t. In its 2017 federal budget, “Building the Middle Class,” the government reveals it will be reviewing how private corporations create unfair advantages for “high-income individuals.” Read: Liberals reviewing private corporations, high-income tax strategies And what exactly […]

By Melissa Shin |March 23, 2017

5 min read