Bill 197, “An Act to Implement Budget Measures”, received Royal Assent last Monday. As a result, after 2005 the Lieutenant Governor in Council can make regulations that will permit the family members of doctors and dentists to hold shares of…
OBA Presentation on Professional Corporations
This morning, I spoke at an Ontario Bar Association seminar entitled “More Tax Issues You Cannot Afford to Miss”. My subject was professional corporations. You can download a copy of the paper that I co-authored on the subject here.
“Grumbling”?
I sit on the executive of the Ontario Bar Association’s tax section. In that capacity, I gave an interview to the London Free Press yesterday about proposed amendments to the Ontario Business Corporations Act. The amendments will allow professional corporations…
Professional Corporations
In its 2005 budget, the Ontario government announced that it would amend the legislation governing professional corporations to permit corporations controlled by doctors to issue shares to family members (see “Paper C: Details of Revenue Measures” under the heading “Professional…