Income Sprinkling
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Feds could reap up to $660M a year from new ‘income sprinkling’ rulesThe Parliamentary Budget Officer has provided some rough estimates of how much more money Ottawa stands to collect under new tax rules applying to small business owners and their families.CanadaMar 8, 2018
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Bill Kelly: Minister hints her government blew it on tax reformThe outrage over the proposed tax changes was loud and relentless and it put Finance Minister Bill Morneau on the political hot seat for most of the year.Dec 18, 2017
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Federal government’s changes to the Income Tax Act face continued criticismThe Canadian Federation of Independent Business has spoken out about upcoming federal income tax changes.EconomyDec 16, 2017
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What you need to know about Morneau’s changes to ‘income sprinkling’ rulesFinance Minister Bill Morneau has unveiled the finalized version of controversial changes he first proposed last summer to the Income Tax Act. Here's what you need to know.CanadaDec 13, 2017
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Bill Kelly: Can we please talk about those tax changes?The problem is, the changes go into effect in a couple of weeks and small businesses aren't sure what the new regulations will look like and how they will affect their businesses.Dec 5, 2017
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Liberal small-biz tax cut offers ‘some medicine’ but not a panacea to tax concerns, expert saysStacked up against the other proposals a tax rate reduction for small businesses isn’t enough to keep people in Canada, said one expert.EconomyOct 17, 2017
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Trudeau makes his mea culpa — and Morneau gets ‘le shove’The kind of arrogance displayed by the PM won’t play well with voters already wearying of his obsession with selfies and socks.CommentaryOct 17, 2017
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Liberals promise income sprinkling fix, but experts say logistics still unclearHere's a look at what the government has promised, and whether experts say it will solve the issue of income sprinkling.PoliticsOct 16, 2017
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Bill Kelly: Small business tax cut is too little too lateAny tax relief is always welcome, but if the government thinks that the reduction will quell the anger over their proposed tax reform package, they're sadly mistaken.Oct 16, 2017
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Bill Kelly: Federal government’s tax plan is a public relations train wreckRed-faced government officials are saying that they aren't trying to target struggling low-income wage earners.Oct 11, 2017
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