Posts tagged Federal Budget.
Posted in Tax

The 2017 Federal Budget (the “Budget”) was released March 22nd, 2017 (“Budget Day”). Highlights include:

Upcoming Review of Private Corporate Tax Planning

 The Budget announced that the federal government will be looking into:

  1. Income sprinkling using private corporations: The Budget states that this strategy can reduce income taxes by causing income that ...
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Posted in Tax

The 2016 Federal Budget was released March 22nd. The overarching theme is to provide increased benefits and relief to middle-class individuals and to close or restrict cross-border tax planning. Highlights include:

Income Tax

Increased Individual Marginal Tax Rates

As part of Bill C-2 tabled on December 9, 2015, the federal government announced an increase to the top ...

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