| |
| December 2017 |
| Just a spoonful of TOSI may help the medicine go down |
| Guy Desmarais, H. B. Com., LLB, T.E.P., is affiliated with the Sudbury office of Collins Barrow |
| The Department of Finance released its long-awaited proposed amendments to the tax on split income (TOSI) rules on December 13. The release completes a tumultuous year for small business owners, tax professionals, Department of Finance officials, Members of Parliament and the Minister of Finance. The initial July 18 proposals and the short consultation period precipitated a groundswell of consternation and frustration. |
| | Download your copy here | |
| |
| Collins Barrow periodically publishes Tax Alert for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada. While Tax Alert may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
|
