United States: Inside The New York Budget Bill: New York City Tax Reform

The New York Legislature has passed bills related to the 2015–2016 budget (S2009-B/A3009-B and S4610-A/A6721-A, collectively referred to herein as the Budget Bill) containing several significant “technical corrections” to the New York State corporate income tax reform enacted in 2014, along with sales tax provisions and amendments to reform New York City’s General Corporation Tax.  This post is the eighth in a series analyzing the New York Budget Bill, and summarizes the amendments to […]

By |April 8th, 2015|

United States: Business Startup Issues That May Find You – Even If You Don’t Go Looking For Them

In my practice, I have found that a majority of my clients who create significant wealth do so through ownership of a private business or a concentrated stock position in a publicly traded company.

What that means for you is that if you haven’t yet started a business or taken an ownership position in one, it’s probably only a matter of time until you will.

Among many others, reasons you might start (or end up owning […]

By |April 8th, 2015|

Canada: Quebec Budget 2015-2016 Highlights

On March 26, 2015, Quebec’s minister of finance, Mr. Carlos J. Leitão, tabled his government’s second budget (Budget 2015-2016), which contains several tax measures for businesses.

This bulletin summarizes the key measures included in the Budget. Note that the measures contained in the Budget do not have force of law and will have to be passed by the National Assembly.
Follow-up to the recommendations of the Quebec Taxation Review Committee
In Budget 2015-2016, the government introduces several […]

By |April 7th, 2015|