Why TOSI hits doctors harder

Why TOSI hits doctors harder

Why TOSI hits doctors harder Key takeaways The excluded-shares exception to TOSI is not available to a medical professional corporation because it is a professional corporation under the Income Tax Act. That means a doctor cannot use the simplest income-splitting...
Who can own a pharmacy in BC

Who can own a pharmacy in BC

Who can own a pharmacy in BC Key takeaways More than 50 percent of the owning corporation’s directors must be pharmacists registered in BC. This is a director rule, not a share-ownership rule. The directors control the governance, regardless of who holds the...