Category Archives: Uncategorized

Federal Government Tax Proposals – Our Reply

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In response to the Federal Government’s proposals on taxation of private corporations, Sullivan & Co. has made a submission to the Department of Finance and written to the Member of Parliament.   September 29, 2017 Kim Rudd, M.P. 12 Elgin Street East, Unit 4 Cobourg, ON K9A 0C5 Dear Ms. Rudd: RE: Tax Planning Using […]

Federal Government – Department of Finance – Offensive on Private Enterprise

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 On July 18, 2017, the Federal Government released draft legislation and proposals to amend the Income Tax Act which would significantly change how private corporations are taxed. This was done in the middle of the summer, and with no input from business owners or professionals. This represents perhaps the most significant change to how private […]