Flaherty Dow Elliot: Your friendly neighbourhood tax flow through entity.
Perhaps Canada's Minister of Hypocrisy, Jim Flaherty can explain why his personal income trust tax flow through entity (FTE) that goes by the name of Flaherty Dow Elliott (FDE) is exempt from his 31.5% tax. I thought we had to "level the playing field"? I thought tax leakage was bad? Is Flaherty a free-loader?
Even McCarthy Tetrault lawyer John Manley claims we can’t have different kinds of businesses taxed differently.....however he too wants to make an exception for certain different kinds of businesses and not other different kinds of businesses. Make sense?
Question of the day: Should ambulance chasers get special tax breaks in recognition of the important role they play in society?
Flaherty Dow Elliot http://www.fdem.com/
Our experience in civil litigation focuses on representing our clients in all aspects of motor vehicle accident, personal injury and property claims in courts and tribunals throughout the Province of Ontario.
Our clients range from major insurers to individuals. Our commitment and tradition is centered on servicing our clients with practical, sound and creative advice in an efficient and cost-effective manner.
Lawyers in our Toronto, Whitby and Ottawa offices are personable and professional, and respectful of their commitment and obligations as officers of the court.
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Monday, June 23, 2008
Posted by Fillibluster at 10:08 PM