Ask yourself these 3 questions

Mar 27, 2018 | Dan Rudisuela


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Your answers to these 3 questions will determine whether or not you will be impacted by the proposed changes to private corporation taxes.

  1. Do you have a private corporation or corporations?
  2. Do you earn active business income?
  3. Do you earn greater than $50,000 in passive investment income inside your private corporation or corporations?

If you answered 'yes' to all of the above you will be impacted by the proposed changes announced in the February 27, 2018 budget and you would benefit from reading this comprehensive article and/or reaching out to me directly here to discuss potential strategies and investment solutions.