The federal government recently released Tax Planning Using Corporations, a paper that proposes changes to the taxing of private corporations. The laws that govern our tax system are convoluted. The Income War Tax Act was a 10-page document in 1917; it’s now a bloated 3,000 pages. Governments amend, repeal, and introduce new provisions to support […]
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Calculated Thought: Proposed legislation looms on private corporations |