Tax Alert Archives December 2017

Revised Income Splitting Rules and Guidance

The Department of Finance has released revised draft legislation and background information on its proposals to prevent income splitting. The documents can be accessed here. This release follows on the Department’s private corporation consultation paper of July 18, 2017,…

Prepared by: Kyle Lamothe

Kyle is a partner in the Toronto office of Thorsteinssons LLP, Canada’s largest firm practicing exclusively in tax law. Kyle’s practice focuses on Canadian tax planning for businesses, individuals, and trusts, with a particular emphasis on high net worth families,… more »

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