Éric Dufour, Vice-President of Raymond Chabot Grant Thornton’s Saguenay—Lac-Saint-Jean/Chibougamau/Côte-Nord region and National Business Transfer Leader, has five key tips to offer for ensuring an efficient business transfer.
In a context where numerous businesses will soon be changing hands, the succession plan remains by far the best scorecard for completing a successful transition. In addition to this key element, Éric examines other strategies to consider in order not to hit a wall once the transaction has been concluded.
Read the article in La Presse
30 Nov 2016 | Written by :
Éric Dufour is a vice-president at Raymond Chabot Grant Thornton. He is your expert in management...
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The outcome of the U.S. presidential election is now known: Donald Trump will assume the presidency of the United States for the next four years. It is easier to foresee the tax modifications that could be implemented by the new U.S. president.
This document discusses the main electoral promises put forward by President Trump during the campaign.
For individuals, tax reductions are to be expected for all taxpayers. The alternative minimum tax would also be abolished, along with the 3.8% Obamacare Tax. Estate tax would also be replaced by a tax on added values applicable in cases where the deceased’s estate is greater than US$10M. For companies, the tax payable on profits repatriated from foreign companies would be limited to 10% and the alternative minimum tax would also be abolished. However, the generous domestic production activities deduction would be withdrawn.
Read the PDF document [Version with tax rates in effect in Quebec]
Version with tax rates in effect in Ontario (document available in English only)
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Chantal Lessard
Congratulations to Chantal Lessard, Assurance Partner from the Raymond Chabot Grant Thornton Sherbrooke office, on being appointed to the Sherbrooke economic team by MNA Luc Fortin. Current and potential clients will have access to the expertise of this front-line player who can point them in the right direction for assistance programs for which they could be eligible. As such, Chantal will contribute to the development and growth of businesses in the Sherbrooke region!
Giving businesses a boost
The result of an electoral promise by MNA Luc Fortin, the economic team includes 11 economic figures from the region and is a non-political group with volunteer participants. The team will provide support for businesses’ growth initiatives and will also strive to attract companies to the Sherbrooke area.
For more information on this topic, read the article (in French only) in the November 7, 2016 issue of La Tribune.
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Éric Dufour, Vice-President of Raymond Chabot Grant Thornton’s Saguenay—Lac-Saint-Jean/Chibougamau/Côte-Nord region and National Leader in business transfers, met and spoke with the web magazine, Informeaffaires.com.
Éric had no qualms against mentioning that, among other things, Quebec has failed to identify entrepreneurial profiles. “We need measures for identifying young entrepreneurs with entrepreneurial traits at an early age. By finding them early, they can benefit from specific training. I recommend that Minister Leitao and the Minister of Education, Sébastien Proulx, start searching at the elementary level to secure the growth of Quebec.” Read the article (in French only).
The expert consultant also recalled measures proposed by Raymond Chabot Grant Thornton in its 2016 pre-budget position, which can be consulted here (in French only).