Insights

The College of Physicians and Surgeons of BC requires that voting shares of a medical professional corporation be owned by eligible licensees, physicians w

The tax on split income rules have an important exception for excluded shares. To qualify as excluded shares, the corporation must not be a professional co

The Lifetime Capital Gains Exemption lets you sell qualifying shares of a Canadian-controlled private corporation and shelter up to $1,275,000 of capital g

As of 2026, BC chiropractors are regulated by the College of Complementary Health Professionals of BC. This is a newer regulatory body that replaced the fo

The tax on split income rules have an exception for excluded shares. To qualify as excluded shares, the corporation must not be a professional corporation

The tax on split income rules are designed to stop business owners from shifting income to family members in lower tax brackets by paying them dividends. I

The Lifetime Capital Gains Exemption lets you sell qualifying shares of your dental corporation and shelter up to $1,275,000 of capital gains in 2026. That

Chiropractic services are GST and HST exempt under section 7 of Part II of Schedule V to the Excise Tax Act. That means you do not charge GST or HST on adj

A Canadian-controlled private corporation pays about 11 percent on active income up to $500,000. That is 9 percent federal plus 2 percent in BC. Above $500

Pharmacy ownership in BC is governed by the Pharmacy Operations and Drug Scheduling Act (PODSA). Unlike medical or dental professional corporations, where

A Canadian-controlled private corporation pays about 11 percent on active income up to $500,000. That is 9 percent federal and 2 percent in BC. Above $500,

A Canadian-controlled private corporation pays about 11 percent on active income up to $500,000. That is 9 percent federal plus 2 percent in BC. Above $500