The Canadian Federal government announced on Halloween that income trusts will now be subject to income tax of 34% in line with corporate income taxes in the country. You might remember that many corporations were converting or considering conversion to income trusts to take advantage of the flow-through nature of the structure recently. I arguedContinue reading “Income trusts in Canada to be taxed after all”
Tag Archives: corporation
The other upside to income trusts
I wrote a post about BCE converting from a corporation to an income trust a couple days ago that set off a veritable firestorm of comments from a few readers. It quickly became the most commented on post here, which is pretty cool. So with that in mind I jumped at the chance to blogContinue reading “The other upside to income trusts”