Expert Analysis

Must a CCPC be a ‘Canadian corporation’?

By Cris Best ( July 29, 2026, 3:11 PM EDT) -- Under s. 123.3 of the Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.) (ITA), certain investment income earned within a Canadian-controlled private corporation (CCPC) is subject to a refundable tax....
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