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Ontario could close small business tax loophole

Author: External Author | Dec 11, 2019 | Categories: Accounts Payable , Accounts Receivable , Bookkeeper Calgary , Bookkeeping Calgary , Bookkeeping Services , Financial Statements , GST , Payroll

The Ontario government is likely to address a tax integration anomaly created by its decision not to match the federal government’s changes to the passive investment income rules affecting small business taxation, tax experts say.

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Original Article Source Credits: Advisor , https://www.advisor.ca/

Article Written By: Rudy Mezzetta

Original Article Posted on :November 4, 2019

Link to Original Article: https://www.advisor.ca/tax/tax-news/ontario-could-close-small-business-tax-loophole/