Proposed Federal Small Business Tax Changes

Published September 24, 2017

The federal government’s proposed small business tax changes are still very much in the headlines and Restaurants Canada remains active on this topic. On top of our own specific industry-related representations to government, we are part of a coalition of 63 organizations that is working hard to advance small business interests. We have heard from our industry and we understand your concerns. Thanks to those of you who completed our survey as this kind of information really helps us focus on what matters to you.

To better understand the complex issue of tax changes, we’ve asked KPMG and some of their best tax experts to shed light on the unintended consequences of the proposed changes. We are also developing real-life examples to better illustrate the impact of the policy on operators. We continue our discussions with the Finance Minister’s office to be up-to-date on all the latest developments.

As we prepare to make our official comments on the tax policy on October 2, we are also working with KPMG to draft advice and suggestions to help you and your business prepare for whatever the final government propositions turn out to be.

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