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New Proposals on the Taxation of Private Corporations can result in Double Taxation

Fasken
Reading Time 1 minute read
Much has been written regarding the proposals released by the Department of Finance on July 18, 2017 to limit income splitting and holding passive investments inside a private corporation.[1]  A third measure, namely, placing limits on the conversion of income to capital gains is aimed at preventing an individual selling shares of a corporation to … Continue reading New Proposals on the Taxation of Private Corporations can result in Double Taxation »