Tag: corporate tax

Tax Tips – Corporate Passive Investment Income

A new passive investment tax regime for Canadian Controlled Private Corporations (CCPCs) is proposed to apply to taxation years commencing after 2018. ┬áPassive income may include interest, rental, royalties, dividends from portfolio investments and taxable capital gains. Two significant changes are proposed. First, a limit to the small business deduction for CCPCs generating significant income […]

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