FleishmanHillard HighRoad for RSM Canada, fhr.rsm@FHhighroad.com, 416.508.8430
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Ottawa, ON - RSM Canada, the leading provider of audit, tax and consulting services focused on the middle market, issued the following perspective for Canada's middle market businesses following today's Federal Budget announcement:
"Middle market clients will still face challenges around the passive investment income tax measures as Finance Canada is still proceeding with these measures. However, in many ways, this has been a responsive budget, as Finance has reduced complexity and taken feedback from Canadians that was given during the consultation period following last summer's proposals," said Maria Severino, national tax leader, RSM Canada.
For more information about the Federal Budget's implications for Canada's middle market, speak to your advisor about how these rules can apply to your particular circumstances, or visit www.RSMCanada.com/budget and follow RSM Canada on LinkedIn.
About RSM Canada
RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.
RSM Canada LLP provides public accounting services and is the Canadian member firm of RSM International, a global network of independent audit, tax and consulting firms with 57,000 people in 120 countries. RSM Alberta LLP is a limited liability partnership and independent legal entity that provides public accounting services. RSM Canada Consulting LP provides consulting services and is an affiliate of RSM US LLP, a member firm of RSM International. For more information visit rsmcanada.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.