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Placeline/People
City Vaughan
Country Canada

Bill Morneau announces $50,000 passive income threshold

Finance Minister Bill Morneau is adjusting tax proposals to allow $50,000 of passive income investment to be sheltered annually, meaning only three per cent of privately owned corporations will have to pay higher taxes. 
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Source name: 
The Canadian Press
Unique identifier: CP14476856 
Legacy Identifier: n_Tax-Reforms20171018T1330 
Type: Video 
Duration: 1m44s 
Dimensions: 1920px × 1080px     120.77 MB 
Create Date: 10/18/2017 1:30:00 PM 
Display aspect ratio: 16:9 
Tags
Bill Morneau
finance minister
passive income
passive income investments
passive income threshold
tax reform proposals
tax reforms