Published: November 16, 2020
If your small business is deemed a Canadian Controlled Private Corporation (CCPC) by the CRA, you can qualify for a reduced rate of taxation on your corporate income. To become a CCPC, however, your business will need to meet specific requirements.
To know more about CCPCs and how you can be deemed as one, consult with a Toronto tax lawyer by calling Rotfleisch & Samulovitch PC today at 647-699-4314, or email us at david@taxpage.com.
Rotfleisch & Samulovitch PC is a Toronto tax law firm that offers its services across all Canadian provinces. Its expertise includes income tax law, tax consultation and planning, voluntary disclosure, and other CRA tax issues.
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Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."
