CIBC report offers strategies for advisors and business owners
Recent changes to the way that active business income earned within a private corporation is taxed may affect some of your high net-worth clients
A particular concern among HNW entrepreneurs is whether their heirs would be interested in taking over their businesses
Consultation paper outlines income tax measures announced in Budget 2018 that haven’t already been legislated
Business owners surveyed by the CFIB want the overnment to delay CPP expansion pending a review of other options
Although two CRA officials gave more information on certain rules at this year’s STEP conference, a tax expert expressed frustration with the draft legislation
The proposed rules could result in a flight of capital out of the country, the group suggests
How the CRA will apply the new rules remains unclear
The government’s proposal limits access to the lower small-business rate rather than taxing passive income above $50,000 at potentially punitive tax rates
Business owners expect to increase their investments by 3% this year to $140.5 billion