The federal government is presently consulting on the reform of corporate tax law, specifically aimed at small- and medium-sized enterprises. For decades, both the Liberal and Conservative Parties have built tax planning tools into the existing corporate tax structure to support independent business growth. Many of these tools are now set to be eliminated to increase tax revenue. Specifically, these reforms take aim at Income Splitting, Passive Income, and Capital Gains.
Attached is a form letter that you can fill out and send to your local MP to voice your concern with these proposed changes.
To find your local MP's mailing address, please click here and follow the instructions.