The Government of Canada has proposed changes to tax planning strategies. A public consultation period is being held until October 2, 2017 to collect the views of Canadians on the proposed changes.
The focus of the consultation is on the following three tax practices:
- Income sprinkling
- Passive income investment
- Capital gain
If members are interested in AIA submitting a brief on behalf of the industry, members are encouraged to submit their comments to Erin Chreptyk at email@example.com as soon as possible.
You can learn more about the proposed changes and public consultation here: