Share with your friends

Canada: Year-end considerations for owner-managers

Canada: Year-end considerations for owner-managers

Owner-managers subject to tax in Canada may want to review their year-end tax planning for 2019 to consider that distributions from their company are made in a tax-efficient manner.


Related content

With Canada’s Liberal minority government, businesses may continue to be affected by existing rules relating to small businesses, including the relatively recent tax on split income (TOSI) rules and the new passive investment income regime.

Read a November 2019 report [PDF 331 KB] prepared by the KPMG member firm in Canada that includes a checklist with tips that may help owner-managers evaluate their compensation plan, family tax considerations, business tax considerations, and estate plan, among other items.

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal