Finance proposals on “Tax Planning Using Private Corporations”: Holding passive investments inside a private corporation

Sheri Penner, Deloitte Private’s Tax Leader for Canada, provides a summary on what the proposed changes to holding passive investments inside a private corporation might mean for your private corporation. This is the fourth video in the series.

Explore our other resources

• Updated “income sprinkling” proposals for private corporations
• Planning in light of uncertainty
• Tax Planning Using Private Corporations - Summary
• Capital Gains Implications
• Income splitting and LCGE changes
• Deloitte's policy submission
• Webcast recording
• Updated tax proposals

On July 18, 2017, the Department of Finance released a consultation document and draft legislation  which contained proposals that, if enacted, will affect private companies and their shareholders. 

This Canadian Tax Alert looks specifically at the proposed changes to holding passive investments inside a private corporation, and is aimed at providing a more thorough analysis of those proposals, with examples of how the proposals could affect various transactions and structures.

To read more, you can download a copy of our alert by clicking “Download Alert.”

Your dedicated team:

Sheri Penner
National Deloitte Private Tax Leader
506-663-6637

Quebec 
Geneviève Provost
514-393-7806

Eastern Region
Sheri Penner 
506-663-6637

Toronto 
Michael Belz
416-643-8712

Western Region
Mike Bird
403-267-1852