Passive Investment Income in a Private Corporation

Apr 19, 2018 | Brendon Boothman


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There have been several updates to tax rules on passive investment income. On February 27, 2018, the government released the budget.

There have been several updates to tax rules on passive investment income. On February 27, 2018, the government released the budget. The government departed from their proposals originally outlined in the consultation paper and instead proposed two new measures to limit the tax deferral advantages. The details of the two new proposed measures are discussed in this article