Update on Proposed Federal Corporate Tax Reforms

Update on Corporate Tax Proposals

DLD Newsletter (October 2017) includes information and an update on the proposed federal tax reform.

A big thanks to those that took action against the original tax proposals put forth by our federal government. Your voices were heard and in combination with efforts by lobby groups including CALU and other industry groups.

Here’s where we currently stand: Federal corporate tax rate to be reduced to 10% by January 1, 2018 and to 9% by January 1, 2019.

For a more comprehensive summary, please refer to www.jamiegolombek.com/media/Oct-corporation-tax-changes-en.pdf as there are some action items that you may want to review to see if they are applicable to your situation.

Please do not hesitate to reach out to Dave or Kelly if you have any questions on how the above changes may affect you.

Thank you,
David Drummond & Kelly Ho