Tax Fairness for Small Business
As a division of MCA Canada, MSCC supports MCA Canada’s joining of a coalition of more than 80 organizations from across the country. All have come together to form the ‘Coalition for Small Business Tax Fairness’.
The coalition opposes the federal government’s tax proposals that would dramatically change the way incorporated small businesses are taxed in Canada. These changes, announced in July 2017, would impose strict new regulations on tax measures that allow small business owners to invest in their business, save for retirement and support their families. For example, changing the rules on income sprinkling and changing the ability to convert earnings to capital gains.
Learn more, and read the coalition’s letter to the Minister of Finance at www.smallbiztaxfairness.ca and see the ad directed at Members of Parliament in the September 18 edition of The Hill Times…click here to see the ad. You can also see the letter to The Honourable Bill Morneau, Minister of Finance from the Coalition.