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Tax Planning Using Private Corporations - The New Liberal Proposals

[fa icon="clock-o"] Aug 1, 2017 2:22:18 PM [fa icon="user"] The MacMillan Estate Planning Team [fa icon="folder-open'] Tax Planning

 

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Two weeks ago, Finance Minister Bill Morneau released a consultation paper and related draft legislation proposing changes to how private corporations will be taxed moving forward.

How will this impact you? The Blunt Bean Counter explains it perfectly in their latest blog, which covers the new proposal, income splitting, passive investments in corporations, and more! Read it here.


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.


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