Earlier this week the Department of Finance proposed new tax rules that target private businesses in how they accumulate capital and remunerate family members. These are some of the most significant changes to the taxation of private businesses in decades. Read more about it here.
If you would like to discuss the affects of these proposed rules on your private business and taxation, please contact us today and one of our consultants would be happy to speak with you!
At MacMillan Estate Planning, our team of professional trust and estate practitioners, chartered accountants, financial planners, and legal professionals look forward to assisting you with the design of your estate plan and will ensure you build, protect, and enjoy your wealth. The information provided is general and may not be suited to your objectives or sufficient to ensure the protection of you and your family. You should not act on this information without providing MacMillan Estate Planning with the opportunity to ensure that it is suitable for your unique situation.
