Blog: Crowe Soberman Champions for Canadian Small BusinessSeptember 25th, 2017
When Finance Minister, Bill Morneau, announced the proposed tax reform in the dead of summer, the Federal Government also provided for a hasty 75-day window as a consultation period. Even as October 2nd, the end of this consultation period, looms ever nearer, Crowe Soberman’s partners have continued their work advocating on behalf of Canada’s some 1.8M private corporations.
Following our last update on September 8th (to read click here):
- Partner Daniel Edwards’ article “Ottawa says there’s a ‘need for action’ on private corporations. Maybe there isn’t.” was published in the September 15th edition of the Financial Post.
- Also on the 15th, partner Aaron Schechter met with his MP, Michael Levitt, to discuss the proposals. Aaron wrote about the meeting and its outcome here.
- On September 20th, Aaron was quoted in the Insurance Journal’s article “Talk to your clients now about government’s proposed tax changes.”
- Last week, partners Ali Spinner and Aaron Schechter were asked to quarterback a coalition of over 90 professional firms, representing their voices through a formal submission to the Department of Finance.
Today, partners Adam Scherer and Ali Spinner are in Ottawa attending a joint conference with the Department of Finance and the Canadian Tax Foundation entitled Tax Planning Using Private Corporations: Analysis and Discussion with Finance.
If enacted, these proposals will have a significantly adverse impact on the majority of entrepreneurial Canadian small business owners. Crowe Soberman is committed to exhausting every means available to campaign against these proposals and advocate on your behalf.
We strongly encourage you to join us. Contact your local MP to have your voice heard before October 2nd.
Specific professional advice should be obtained prior to the implementation of any suggestion contained above.