Canadian Tax Foundation releases updated treatise on taxation of private corporations.

New edition addresses significant changes to tax rules

CANADA – June 23 – The Canadian Tax Foundation is proud to announce the release of the fifth edition of Taxation of Private Corporations and Their Shareholders, published by the Foundation and co-authored by BDO Canada LLP and Gowling WLG (Canada) LLP. This work is a unique and valuable resource for tax professionals who provide advice on the complex tax legislation affecting private corporations. The new edition, thoroughly updated, features comprehensive guidance on a decade’s worth of tax law change.

Since the last edition of this text was published, sweeping legislative changes have been enacted in the area of tax planning for private corporations. The updated text provides detailed analysis of, and insights into, a broad range of subjects, including the implications of the extensive amendments (such as the new tax on split income) introduced in 2018. Additional areas of focus include the purchase and sale of a business and the tax-effective structuring of a business.

The publication is the result of the combined expertise, dedication, and collaborative effort of the Foundation and the contributing tax professionals from Gowling WLG (Canada) LLP and BDO Canada.

“It was a pleasure to work with the dedicated professionals at BDO Canada LLP and Gowling WLG (Canada) LLP on the fifth edition of Taxation of Private Corporations and Their Shareholders,” said Heather L. Evans, Executive Director and CEO of the Foundation. “We are excited to share this timely and insightful treatise, and we are confident that tax practitioners will find it a trusted, comprehensive, and invaluable resource.”

The new edition of Taxation of Private Corporations and Their Shareholders  is available in two distinct formats: (1) in traditional book form and (2) in TaxFind, as part of the Foundation’s online research collection. To learn more or to read a complimentary excerpt from the publication, click here.


For more information, contact:

Heather L. Evans, CEO & Executive Director
Canadian Tax Foundation
Phone: 647-797-0402

Michael Gaughan, Managing Editor
Canadian Tax Foundation
Phone: 647 797-0397

About the Canadian Tax Foundation

Founded in 1945 as an independent tax research organization under the joint sponsorship of the Canadian Institute of Chartered Accountants and the Canadian Bar Association, the Foundation provides a unique forum for lawyers, accountants, academics and other tax professionals to work together for the betterment of the Canadian tax system and the tax profession in general. The Foundation is Canada’s leading source of insight on tax issues. It promotes understanding of the Canadian tax system through analysis, research, and debate, and provides perspective and impartial recommendations concerning its equity, efficiency, and application. The Foundation has long been respected by Government policy makers and administrators for its objectivity, its focus on current tax issues, its concern for improvement of the Canadian tax system, and its significant contribution to tax and fiscal policy

TaxFind Access

All chapters of the book are available in TaxFind. Visit TaxFind if you already have a subscription.

To subscribe to TaxFind, contact our Membership Department
  1.877.733.0283 x 219