15 Nov 2015
Luc Lacombe
Partner | FCPA, FCA, M. Fisc. | Tax

As a contributor for Canadian magazine The Bottom Line, Taxation Partner Luc Lacombe reveals ways in which the Quebec Government could recover some revenue. In his opinion, the introduction of a home renovation tax credit is one solution. “If the government introduced a 20 per cent tax credit, as it did in the past, it would ensure that the contractor who is doing the work is declaring his revenues, and therefore recoup even more monies from them in the form of income taxes,” says Luc Lacombe. Check out the full article (page 9 and 11 of the magazine).

15 Nov 2015  |  Written by :

Mr. Lacombe is a partner at RCGT. He is your expert in taxation for the Laval office. Contact him...

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13 Nov 2015
Luc Lacombe
Partner | FCPA, FCA, M. Fisc. | Tax

ACET (Accélérateur de création d’entreprises technologiques), together with Raymond Chabot Grant Thornton, announced the launch of a new web platform to support entrepreneurship, available at www.JeSuisEntrepreneur.ca.

The application, which is available in its entirety online, enables entrepreneurs to create a profile and manage their business project. Easy-to-use and user-friendly, the application was designed to meet the needs of all entrepreneurs, no matter their age, activity sector, education or the size of their business.

In practice, users will find the tool handy when it comes time to search for information on economic development organizations in their region, and for following up on what needs to be done during the start-up and growth stages, completing a business plan or exchanging ideas with other entrepreneurs or investors.

“At Raymond Chabot Grant Thornton, we are committed to supporting economic development and entrepreneurial initiatives, which is why it only seemed natural to work with ACET to launch the tool,” stated Guy Fauteux, Vice-President of the Eastern Townships region. “Whether through collaborations like this one or initiatives like Programme Envol, we have a role to play on the Eastern Township’s entrepreneurial stage, among others, and we are fully committed to doing so,” concluded Guy.

ACET’s Mission
Since its creation in 2011, ACET has been devoted to selecting, training and supporting start-up technology-based companies, creating high quality jobs and transforming projects into businesses which will support a knowledge-based economy.

15 Nov 2015  |  Written by :

Mr. Lacombe is a partner at RCGT. He is your expert in taxation for the Laval office. Contact him...

See the profile

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12 Nov 2015
Luc Lacombe
Partner | FCPA, FCA, M. Fisc. | Tax

In an interview with François Gagnon, host of the PME en action program on the Argent network, Pierre Fortin, Management Consulting Partner, provided insight into strategic planning.

He explained that strategic planning benefits both SMEs and large entities. It’s not, as many mistakenly believe, simply a huge report gathering dust on the shelf, it’s a way for businesses of all sizes to develop a tailored, simple, easy-to-apply game-plan.

Pierre added that entrepreneurs only spend one hour per week on their corporate strategy. Yet, taking a step back to look at the company’s vision, its objectives and the values it wants to transmit to staff and clients makes it possible to set up a well-defined plan that will contribute to increasing the bottom line as well as mobilizing employees and getting their buy-in to attain the company’s objectives.

The first step in strategic planning must include an in-depth review that encompasses analyzing the competition and the company’s distinctive features. This is then followed by development of the actual plan and its implementation.

Visit the Argent network Internet site to see the complete interview (French only).

15 Nov 2015  |  Written by :

Mr. Lacombe is a partner at RCGT. He is your expert in taxation for the Laval office. Contact him...

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06 Nov 2015
Luc Lacombe
Partner | FCPA, FCA, M. Fisc. | Tax

Emilio B. Imbriglio, President and CEO of Raymond Chabot Grant Thornton, opened the Tax Coop international conference on tax competition, held last Tuesday in Montreal. This event, organized in particular by celebrated tax specialist Brigitte Alepin, brought together leaders in the taxation field from Quebec and around the world to discuss ways to find solutions to tax system deficiencies in a global and increasingly digital economy.

Rethinking the tax system in Quebec

The President of Raymond Chabot Grant Thornton seized the opportunity to defend the interests of SMEs in tax matters. “The tax system in Quebec must be rethought to allow Quebec businesses to benefit from global opportunities,” Emilio B. Imbriglio told an audience of experts from the political and university spheres, civil society, the business community and many media (find the report by journalist René Vezina on Ici Radio Canada from 20 : 17)

SMEs: a 0% tax rate on certain conditions…

Emilio B. Imbriglio made several concrete proposals regarding taxation to favour the success of entrepreneurs. In particular, he suggested getting inspired by Manitoba’s reforms and offering a 0% tax rate for companies with incomes below $500,000. “In exchange, the companies must commit to reinvesting in production, employment and innovation,” he added.

Tax fairness and business transfer

Emilio B. Imbriglio also raised the issue of the succession: “Quebec is about to live through the most far-reaching change of management it has ever seen among CEOs of small and medium enterprises. One third of entrepreneurs will retire […]. Remember that SMEs account for 99.8% of our businesses and 60% of our GDP”. To avoid the closure of these businesses, the President hopes that the takeover of existing businesses by the new generation will be favoured, and the tax system will make intergenerational business transfers fairer.

This wasn’t the first time that Emilio B. Imbriglio had spoken up to defend Quebec entrepreneurs. He had begun a tour of the province to present innovative ideas in favour of entrepreneurship. Click here to learn more

Emilio B. Imbriglio

Emilio B. Imbriglio, président et chef de la direction, Stéphane Pallage, doyen de l’ESG UQAM, Brigitte Alepin, fiscaliste, écrivaine et organisatrice de l’événement, Luc Godbout, professeur à l’université de Sherbrooke et président de la Commission d’examen sur la fiscalité québécoise et Louise Otis, présidente du Tribunal Administratif de l’Organisation de Coopération et de Développement économiques (OCDE) et présidente du Tribunal d’appel de l’Organisation Internationale de la Francophonie (OIF).

 

Emilio B. Imbriglio

Emilio B. Imbriglio, président et chef de la direction de Raymond Chabot Grant Thornton avec Pierre Karl Péladeau, chef du Parti Québécois, chef de l’opposition officielle et porte-parole pour la Capitale-Nationale et la métropole.

 

15 Nov 2015  |  Written by :

Mr. Lacombe is a partner at RCGT. He is your expert in taxation for the Laval office. Contact him...

See the profile