Canadian-Controlled Private Corporation (CCPC)
There is a special type of corporation called a Canadian-Controlled Private Corporation (CCPC). Informal names are a "small business", "closely-held corporation" or "private corporation".
A CCPC
- is over 50% Canadian-owned
- benefits from special tax considerations
- low tax rates on active business income up to the Small Business Limit.
page revision: 5, last edited: 06 Dec 2007 02:09