Free Info-Session: Effects of Tax Proposals on Private Businesses

The business community continues to voice concerns about the tax reforms proposed on July 18, 2017. These tax proposals target private corporations and their shareholders; specifically, tax rates on certain passive income could rise to 73 per cent, putting small businesses in particular at risk.

Should these proposed changes come into effect, entrepreneurs, their families, and their investors could all face severe financial hardship.

These proposals are intended to effectively treat small business owners as though they’re employees when it comes to taxation, without taking into consideration that these individuals play a significant role in economic growth while assuming exorbitant personal financial risk.

Advisors need to address the implications of these proposed changes on their clients, develop combatting strategies, and work proactively to protect their dividends and assets.

On September 6, 2017, Frostiak & Leslie Chartered Professional Accountants Inc. is partnering with Knowledge Bureau’s Evelyn Jacks to offer an info-session that will address these tax issues. Financial and tax advisors are invited to attend with their clients who will be affected by these detrimental tax proposals.

When: September 6, 2017

Where: The Viscount Gort, 1670 Portage Avenue, Winnipeg, Manitoba

Time: 8:30 a.m to 10:00 a.m.

A continental breakfast will be included

To register, please contact us and confirm your attendance by September 1:
Josée Lagassé
Phone: 204-487-5209
Fax: 204-488-8658
Email: jlagasse@cafinancialgroup.com

For more background on this issue prior to the event, read Evelyn Jacks’ article entitled ““New Canadian Tax Reforms Fail to Address Modern Challenges” in this week’s Knowledge Bureau Report.

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