Taxation of Private Corporations: An Explainer Compendium

by kevinmil

This blog post assembles information I’ve provided to the public on the proposed changes to the taxation of private corporations. The discussion document from the Department of Finance is here. My disclosure is here.

The links below all work right now (Sept 2017), but some of them may go 404 as time passes.


Why Small Business Taxation Does Need Fixing,” Maclean’s, September 10, 2015.

Will Bill Morneau’s Crackdown on Tax Avoidance Work?” Maclean’s, July 18, 2017.

Taxation of Passive Income in a Private Corporation” Blogpost, Sept 4, 2017.

CCPC Tax Proposals: Some Examples,” Google spreadsheet, Sept 4, 2017.

The Efficiency and Fairness Case for Private Corporation Tax Reform,” Notes prepared for presentation at University of Calgary, Sept 14, 2017.

Integration and the Taxation of Passive Income: An Economic Perspective“. Notes prepared for Canadian Tax Foundation conference on tax planning using private corporations. September 25, 2017.

FINA Testimony” Background notes for House of Commons Finance Committee, September 26, 2017.

Canada finds itself at a crossroads in tax reform–it’s time to chose a path” Globe and Mail, October 1, 2017.

Senate Finance Committee Testimony” Background notes, November 6, 2017


Afternoons with Rob Breakenridge,” Calgary NewsTalk 770. Aug 31, 2017

The Early Edition” (At 2h10m40s) CBC Vancouver with Stephen Quinn, Sept 1, 2017.

On the Money with Peter Armstrong,” CBC News Network, Sept 5, 2017.

Twitter Essays (sometimes known as ‘Tax Time on the 99’)

(Click on a link below, then scroll up to top to start reading.)

On lowering the small-business tax rate“, November 6, 2017.

Why it isn’t ‘bad’ to lower the small-business tax rate,” October 26, 2017.

On the ‘rule’ that corporate rate needs to equal the personal rate” October 23, 2017.

On the concentration of passive income among high earners,” October 18, 2017

The revised tax package: focus on incentives for productive investment,” October 16, 2017

Revenue implications of the tax proposals,” September 21, 2017.

Impact of reforms on savings“, Sept 17, 2017.

Entrepreneurs and tax reform“, Sept 13, 2017.

The impetus for reform,” Sept 6, 2017.

Incentives for Entrepreneurs,” Sept 5, 2017.

Taxation of passive portfolios,”, Sept 4, 2017 (accompanies the google doc and blogpost)

Savings and the reasons we have corporations,” Aug 30, 2017.

Pensions and CCPCs,” Aug 24, 2017.

Taxation of risk, Domar-Musgrave, and Cream Soda“, Aug 23, 2017.