Retroactive laws

September 4, 2017

Declining Income Sprinkling as Corporation Sole Can Reduce Taxes

Summary – Income Sprinkling Income sprinkling rules for Canada are changing. Those doing income sprinkling (as a corporation sole) will pay more taxes. Complaining about it just lets the Government continue obfuscating the tax laws. This is because declining income sprinkling can lower taxes to zero. Until the Government tells […]
September 5, 2016

Retroactive Tax Law – Apple Owes $19 Billion in Tax?

Retroactive Taxes Hits Apple in Ireland You: I heard that Apple owes $19 billion CDN in taxes to Ireland. Bad Apple! Apu: Apple paid all taxes that Ireland says were due. You: So Ireland now says they retroactively owe more? Apu: No, the European Union (EU) Commission says they should […]