Government of Canada proposing radical tax policy changes for small businesses: We need your input!
· by Huzaifa Saeed
The Department of Finance Canada is considering major changes to how corporations are taxed. The proposed changes could have a significant impact on many Canadian businesses: potentially raising taxes, increasing the administrative burden on SMEs and heightening the impact on family-run businesses. In 2015 small businesses employed more than 70 per cent of Canadians who work in the private sector.
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