Lunch & Learn Session "What new tax laws mean for your business" - Nov 10, 2017 - Do Not Edit or Delete This Page Thank You

Lunch & Learn Session "What new tax laws mean for your business"

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Name: Lunch & Learn Session "What new tax laws mean for your business"
Date: November 10, 2017
Time: 12:00 PM - 1:30 PM EST
Registration: Register Now
Event Description:
Proposed Tax Changes for Private Corporations
Kris Himberg-Larsen, CPA, CA
Tax Partner at Wilkinson & Company LLP
 
Since the initial release of the Department of Finance’s proposals with respect to the taxation of private corporations in July there have been significant discussions amongst business owners, their advisors and their representatives in government. The government has recently backed off on several proposals but the implications of the remaining changes are significant and there may be a very limited time to ensure your business is put in the best position to deal with these potential changes. Despite what some of the coverage of these measures indicates, these measures will not just affect the 1%, they can affect all private corporations.
 
The Department of Finance  was originally targeting three main areas of perceived tax avoidance by private corporations with these proposals but backed off on changes to the taxation of capital gains leaving two remaining changes:
  • Income splitting using “dividend sprinkling” and multiplication of the lifetime Capital gains exemption (LCGE);
  • Investing in passive assets; and  
 
We will discuss the current status of the proposals, the implications to you, your business and your family and how to put yourself in the best possible position to deal with them.
Location:
The Belleville Club
Date/Time Information:
Friday, November 10th 
12:00 pm - 1:30 pm
Contact Information:
Jill Raycroft - CEO
Fees/Admission:
Free!
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