Most small business owners don’t anticipate repercussions from proposed measures restricting income sprinkling, though many wary of passive income changes: poll

The governing Liberals say the proposed tax changes level the playing field by closing loopholes that allow wealthier Canadians to skirt personal tax obligations, though Conservative MPs and business lobby groups claim they will hurt small business owners with limited money for investment, such as doctors who operate their own clinics.
Prime Minister Justin Trudeau, pictured here with Finance Minister Bill Morneau, has repeatedly pushed his government's proposed tax changes as measures to close loopholes that allow wealthier Canadians to lower their tax burden.
Canadian entrepreneurs are divided on the impact of new tax reforms proposed by the Trudeau government aimed at restricting the savings generated by incorporation, with a slim plurality voicing concern about tightening the rules on passive investment, though plans to limit income sprinkling attract...

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