Blog

Time to Reconsider Remuneration Method for CCPC Shareholders

During the summer of 2017, CCPC shareholders and tax advisors across Canada were surprised with by the announcement of new tax rules and restrictions that were being planned by the Minister of Finance.  Basically, Ottawa felt that the existing rules at the time were too generous for the CCPC shareholders and intended to scale the “tax perks” down considerably. Almost

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A Liquidity Crunch in Vancouver

Just two years back, when buying condo presales was the rage of investing free cash in Vancouver, I wrote a short blog cautioning investors to begin preparation years ahead for the closing date of the deal.  When the condo completes, full payment of the balance on the condo is required to close the deal; hence qualifying for the mortgage at

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Last Chance Tax Planning for 2018

As 2018 comes to an end, tax advisors across Canada are busy restructuring and planning many corporations to respond to the new tax rules that came into existence this year. BC’s New Tax Law Called Tax on Split Income (TOSI) The biggest new tax law introduced this year is Tax on Split Income or TOSI for short.  TOSI is so

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