08-03-2018 20:00 via saultonline.com

Feds’ tax change could affect some families earning less than $100K: analysis

OTTAWA — A new analysis says roughly 900 Canadian families earning less than $100,000 a year will have to pay more taxes because of federal changes to tighten income-sharing rules for owners of small businesses. The federal budget watchdog says measures to restrict how much income the owners of private corporations can sprinkle to family members, as a way to save on […]
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