Canada: Tax planning using private company proposals | KPMG Global
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Canada: Comments on tax planning using private company proposals

Canada: Tax planning using private company proposals

Canada’s Department of Finance released comments received with respect to a consultation paper on tax planning using private corporations.


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The consultation was open earlier this year. Read a July 2017 report about the consultation paper.

Comments received

Among the topics discussed in the comments received by Finance with respect to the consultation paper are responses concerning:

  • Grandfathering of existing passive investments
  • Post-mortem planning
  • Capital dividend payments caught by new proposed 246.1
  • Tax on split income


Read an October 2017 report prepared by the KPMG member firm in Canada

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