Canada:
Proposed Tax Changes Attack Small Business
20 September 2017
Rotfleisch & Samulovitch P.C.
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Changes to the Canadian Income Tax Act announced in the middle
of the summer have attracted notice after Labour Day. The proposals
target small business and incorporated professionals and would
largely eliminate income splitting or sprinkling as well as the
multiplication of the lifetime capital gains exemption.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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