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Join us for a CFFB workshop!

By March 20, 2019 No Comments

New Passive Income Rules: there ARE options!

On July 18, 2017 the government of Canada released proposed income tax changes relating to passive income earned within a corporation which were implemented on Jan 1, 2018.  Due to the groundswell of opposition surrounding the proposed changes, the government back tracked from some of the initial proposals. However, they still released and implemented changes which are impacting many small business owners today. We invite you to attend this educational forum, co-hosted by:

Brian Ogilvie
Ogilvie Daugherty Business Profit Solutions

and

Jason Kingston
Drouillard Sambrook Kingston, LLP,

The purpose of this workshop is to fully understand how your business and family have been affected by the new rules, along with countermeasures that you may want to consider. This is also the perfect opportunity to address questions and concerns which are most likely shared by many of your peers in the business community. We will discuss:

  •  Why understanding these new rules matter
  • The implications of doing “nothing” 
  • Reducing passive income by 50% 
  • The use of life insurance inside a corporation to reduce passive income taxation 
  • Retirement Compensation Agreements and why they may be part of the answer
  • Getting your key advisors to talk to each other

When: Thursday, March 21, 2019

Where: BusPlanner Building – 130 Bathhurst Drive, Waterloo

Time: 8-10am

Fee: Members: free Guests: $15 (will be invoiced)