The government has just proposed the most radical tax overhaul in 50 years. The Canadian Chamber of Commerce are particularly worried about the impact on business from (1) a new tax on investment income in a corporation and (2) tough new rules for compensation in family businesses.
In this special edition of 5 Minutes for Business, Hendrik Brakel, our Senior Director, Economic, Financial and Tax Policy, looks at what is driving the government’s new crackdown on private corporations.
Read 5 Minutes for Business.
The Canadian Chamber of Commerce encourages you to contact your local MP to tell him/her the government is proposing to hammer business with tax changes that will hurt families and punish entrepreneurs.
The Canadian Chamber of Commerce releases 5 Minutes for Business, a publication written by Hendrik Brakel, the Senior Director of Enconomic, Financial and Tax Policy. In these publication, Hendrik briefly describes current issues that affect the Canadian economy and provides insight on what it will mean for Canadians today and the future.