FleishmanHillard HighRoad for RSM Canada, fhr.rsm@FHhighroad.com, 416.508.8430
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FleishmanHillard HighRoad for RSM Canada, fhr.rsm@FHhighroad.com, 416.508.8430
for media use only
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 is the leading provider of professional services to the middle market. 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 landscape. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential.
RSM Canada LLP provides public accounting services and is the Canadian member firm of RSM International, a global network of independent assurance, tax and consulting firms with 64,000 people in 120 countries. 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 X and/or connect with us on LinkedIn.
RSM Canada LLP is a limited liability partnership that provides public accounting services and is the Canadian member firm of RSM International, a global network of independent assurance, tax and consulting firms. RSM Canada Consulting LP is a limited partnership that provides consulting services and is an affiliate of RSM US LLP, a member firm of RSM International. The member firms of RSM International collaborate to provide services to global clients but are separate and distinct legal entities that cannot obligate each other. Each member firm is responsible only for its own acts and omissions, and not those of any other party. Visit rsmcanada.com/about for more information regarding RSM Canada and RSM International.
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