Resource Bulletin – Canadian Private Corporation Tax Changes: A Feinted Retreat?

Corporation Taxation Bulletin by Saskatoon lawyer, Joseph A. Gill

In a series of press releases (and accompanying background materials) during the week of October 16, 2017, the Government of Canada has seemingly walked back several of the proposals previously put forward on the taxation of private corporations in Canada. For a backgrounder on the originally-proposed changes, please see my earlier resource material. The changes are welcome but much uncertainty still remains as to how these fundamental changes to private corporation taxation in Canada will manifest themselves. The purpose of this blog is to provide a high level summary of this supposed “retreat” on several previous measures proposed.

Download the Resource Bulletin here.