Grant Thornton helps break down the Canadian federal budget for businesses and families
TORONTO, Feb. 7, 2017 /CNW/ - In advance of Canada's upcoming federal budget, experts from Grant Thornton LLP, Canada, are available to provide insight on the possible impact on Canadian businesses and the economy.
Grant Thornton can also address questions related to the economic realities of cross-border trade and tax matters as a result of the new U.S. administration.
Grant Thornton tax experts are available to discuss a wide range of issues, including:
- Impact of new U.S. tax policies on Canada: The impact of the proposed U.S. tax plan on Canadians and Canadian businesses, and how executives across the country can plan to address the changes.
- Finding the right balance in marijuana taxes: With the impending federal legalization of marijuana, the government must walk a fine line between generating revenue through taxation and developing a regulated pricing model that will act as a barrier to shadow market activity.
- Possibility of Capital Gains Reduction: Why the federal government should maintain or lower the capital gains inclusion rate of 50% to lead to higher levels of entrepreneurship, economic growth, and job creation.
- Innovation: Drive the commercialization of R&D and new technology as well as rejuvenation of the manufacturing sector to foster a more innovative environment, increase investment and create jobs through various tax incentives.
- Base Erosion and Profit Shifting (BEPS): Canada's response to the global movement towards tightening corporate international taxation.
A range of Grant Thornton tax experts from across the country will be available pre-Budget Day, on Budget Day, and for Post-Budget commentary.
About Grant Thornton LLP in Canada
Grant Thornton LLP is a leading Canadian accounting and advisory firm providing audit, tax and advisory services to private and public organizations. We help dynamic organizations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services. Together with the Quebec firm Raymond Chabot Grant Thornton LLP, Grant Thornton in Canada has approximately 4,000 people in offices across Canada. Grant Thornton LLP is a Canadian member of Grant Thornton International Ltd, whose member and correspondent firms operate in over 100 countries worldwide. A listing of Grant Thornton offices and contact information can be found at: GrantThornton.ca.
SOURCE Grant Thornton LLP
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