Bill to level the tax burden of selling the farm to a family member crosses the finish line

Name: Bill to level the tax burden of selling the farm to a family member crosses the finish line
Uploaded: 2021-06-23
Description: A private member’s bill designed to level the tax burden when selling an incorporated small business to a family member versus selling to a non-family member received final approval from the Senate on Tuesday, clearing the path for Bill C-208 to become law. The bill, brought forward by Manitoba MP Larry Maguire, addresses the issue…

Jun 23, 2021 by Kelvin Heppner

A private member’s bill designed to level the tax burden when selling an incorporated small business to a family member versus selling to a non-family member received final approval from the Senate on Tuesday, clearing the path for Bill C-208 to become law. The bill, brought forward by Manitoba MP Larry Maguire, addresses the issue…

Categories: Ag Policy / Canadian Agriculture Policy / Eastern Canada / Farm Management / Finance / News / Podcasts / Succession Planning / Western Canada

Tags: Alanna Gray / Canadian Federation of Agriculture / Keystone Agricultural Producers / Larry Maguire / Mary Robinson

Kelvin Heppner

Kelvin Heppner, field editor for RealAgriculture, has been reporting on Canadian agriculture since 2008(ish). When he's not working on a story, he's usually in a chicken barn or a field, as he also farms with his family near Altona, Manitoba.