Changing tax rates mean it’s not so clear
Private corporations have limited time to recover refundable tax
Ultra high-net worth clients could face increased IRS scrutiny.
Prime Minister Justin Trudeau has tasked National Revenue Minister Diane Lebouthillier with making CRA a more proactive and client-focused department.
Another top file includes implementing the middle-class tax cut
He outlines various tax-planning strategies.
When people have multiple businesses, it’s possible for those businesses to become associated for tax purposes.
Newly minted MPs Bill Morneau and Diane Lebouthillier have been appointed by Prime Minister Justin Trudeau to two key economic portfolios.
Quebec’s tax agency says businesses won’t have to file 10 of the 17 summaries it once required of them.
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