Grant Thornton Tax Experts Available for Pre-Budget Commentary
Breaking down what a potential “bare bones” budget could mean for Canadian businesses and their owners
TORONTO--(BUSINESS WIRE)--Over the last few years, one of the federal government’s primary goals has been to balance the budget − first by 2016 and now by 2015. As a result, many measures in the past few federal budgets have focused on “closing loopholes” instead of conferring significant tax breaks or committing to new spending.
Grant Thornton LLP—a leading Canadian accounting, tax and advisory firm—has no reason to believe the government will deviate from this course with the 2014 federal budget, and leaders from its tax practice are available to discuss what a potential “bare bones” budget with no general benefits could mean to Canadian businesses and their owners. And with an election looming in 2015, Grant Thornton’s tax experts can also discuss why next year’s budget will likely contain more favourable measures and tax cuts.
In addition, national and regional experts are available to provide insights on a wide range of tax and business topics including, but not limited to the following:
- Simplifying the tax system for businesses
- Tax efficient organization structures
- Reduction in corporate tax rates
- Stimulating growth in the manufacturing and processing sectors
- Impact on private businesses and private business owners
- Business succession planning
- Impact on high net worth individuals
- Indirect/sales tax issues
- Crackdown on money laundering
Note to editors
Tax leaders from Grant Thornton will be available across the country on budget day and the day after to provide media with commentary starting at approximately 5:00pm EST.
Grant Thornton will also release a post-budget summary early evening on February 11. More detailed commentary will follow in the days ahead, including a free budget webinar at 12 pm ET on February 12.
About the Grant Thornton tax practice
Whether it’s domestic, cross border or international tax issues, or understanding changes to the domestic and international legislation and regulatory environment, Grant Thornton LLP tax experts have experience working with clients across all sectors. And with offices located from coast-to-coast and as a member firm of Grant Thornton International Ltd, our team can help you almost anywhere you’re located.
About Grant Thornton in Canada
Grant Thornton LLP is a leading Canadian accounting and advisory firm providing audit, tax and advisory services to private and public organizations. We help dynamic organizations unlock their potential for growth by providing meaningful, actionable advice through a broad range of services. Together with the Quebec firm Raymond Chabot Grant Thornton LLP, Grant Thornton in Canada has approximately 4,000 people in offices across Canada. Grant Thornton LLP is a Canadian member of Grant Thornton International Ltd, whose member and correspondent firms operate in over 100 countries worldwide.