Blog Posts

Federal Budget brings changes to Corporate Partnerships

Friday, March 25, 2011 by Wayne Paproski
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For tax purposes, a partnership is not considered a taxpayer, but rather an entity that calculates and allocates its taxable income to its partners. The partners then include this allocation in their taxable income in the year containing the fiscal year end of the partnership.
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Federal Budget Announcement - 2011

Tuesday, March 22, 2011 by Loren Kroeker
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Federal Minister of Finance James M. Flaherty delivered the Conservative government’s Federal Budget on Tuesday, March 22, 2011.
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