Glossary
Canadian-Controlled Private Corporation (CCPC)
A Canadian-controlled private corporation is a private company resident in Canada that is not controlled, directly or indirectly, by non-residents or public companies. That status is the gateway to the most valuable tax breaks for owner-managed businesses, including a lower rate on active business income and richer research credits. Whether a company qualifies turns on who ultimately controls the shares, which can shift after new investors come on board. Our Alberta corporate tax guide walks through how these benefits land on a real return.
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