On April 23, 2015 Finance Minister Charles Sousa introduced Ontario’s 2015 budget. A s many were expecting, the budget did not offer any changes to the business or personal income tax rates. However, there are a number of business tax credits that have been impacted. In addition, Ontario has not responded to the dividend tax changes proposed in the Federal Budget on April 21, 2015.
Below is a summary of the budget provisions and its effect on business, trust and estate, and personal tax.
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