Hammering Business - Finance Canada's New Crackdown
The government has just proposed the most radical tax overhaul in 50 years. We're particularly worried about the impact on business from (1) a new tax on investment income in a corporation and (2) tough new rules for compensation in family businesses.
In this special edition of 5 Minutes for Business, Hendrik Brakel, our Senior Director, Economic, Financial and Tax Policy, looks at what is driving the government's new crackdown on private corporations.
Read 5 Minutes for Business.
We encourage you to contact your local MP to tell him/her the government is proposing to hammer business with tax changes that will hurt families and punish entrepreneurs.
For more information, please contact Hendrik Brakel.