LOWER TAX FOR WOMEN: COUN­CIL

Edmonton Journal - - FP EDMONTON -

A cross-bor­der coun­cil on women in busi­ness rec­om­mends that com­pa­nies con­trolled by women should get lower tax rates. The Canada-United States Coun­cil for Ad­vance­ment of Women En­trepreneurs and Busi­ness Lead­ers made the sug­ges­tion in a re­port re­leased Wed­nes­day that of­fered rec­om­men­da­tions on how to better sup­port women in busi­ness. The group in­ter­viewed in­vestors, in­sti­tu­tions, as­set man­agers, pen­sion funds and ven­ture cap­i­tal firms and found that women are not be­ing fi­nan­cially backed at the same level as men and are less likely to have lead­er­ship roles within cor­po­ra­tions. That’s why it called for a lower tax rate for women-owned busi­nesses, sim­i­lar to the lower rates al­ready of­fered to pri­vate cor­po­ra­tions that are Cana­dian-con­trolled. The coun­cil was formed last year from a meet­ing be­tween Ivanka Trump and Prime Min­is­ter Justin Trudeau.

Ivanka Trump

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