The Federal government recently released the prescribed interest rates that apply for the first quarter of 2018. These rates have remained constant for several years now, owing to the low interest rate environment. The rates are the same as the previous quarter.
This letter summarizes recent tax developments and tax planning opportunities from a third-party affiliate; however, we recommend that you consult with an expert before embarking on any of the suggestions contained in this blog post, which are appropriate to your own specific requirements. Please feel free to get in touch with Lee & Sharpe to discuss anything detailed above, we would be pleased to help.