Exactly, so someone who would have approximately $3 million in passive investments would be asked to pay the general corporate tax rate of 15% on their active income versus 9% on their small business tax rate.
Liberal
Francesco Sorbara Liberal Vaughan—Woodbridge, ON
Exactly, so someone who would have approximately $3 million in passive investments would be asked to pay the general corporate tax rate of 15% on their active income versus 9% on their small business tax rate.
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