The measure, which targets pass-through companies, could raise more than US$50 billion
Here are seven steps for advisors
Industry divided on, investor advocates opposed to, reforms
Some of the 59 companies avoiding tax were in the finance sector
Help your business-owner client seize the opportunity to defer tax
Relief of penalties and interest may also be available to affected people and businesses
The 40% tax would apply to profits from the difference between loan interest and interest paid to customers on deposits
Bill C-42 would bring public access to private corporations’ beneficial ownership info
Government said records were being sought to verify that merchants were obeying tax acts
Here’s the status of tax proposals that matter to your clients