Category: General

Here is a press release that I have done about the Federal government’s proposed tax changes:

For immediate release

For further information contact Albert S. Frank – 416-929-7202

Economic vandalism – federal tax proposals are destructive, unfair to small business

Albert S. Frank, business and trial lawyer of over 30 years’ experience, agrees with the Coalition for Small Business Tax Fairness that the recent federal tax proposals are harmful to independent business owners. The proposals are destructive and unfair:

• Albert Frank says, “The proposals are economic vandalism – they would destroy existing plans and force huge costs on business owners”;

• The proposed changes would hit small business owners the hardest as the smaller the business the bigger the impact of the extra legal and accounting expenses caused by having to re-examine and change succession planning and estate planning arrangements;

• Tax incentives that business owners have relied on in good faith are now unfairly being called loopholes;

• The proposals would make it harder to keep a business in the family;

• Preventing the sharing of income among the family members amounts to a tax increase on the family, reducing the benefit of having an independent business. Business owners do not get schoolteacher or parliamentary pensions. The owners of the smaller businesses would be hit the hardest.

According to Albert Frank, “These proposals are unfair. They make sense only if the government wants to hurt small business.”

To interview Albert Frank you can call him during the day at 416-929-7202 (or email him at afrank@FrankLaw.ca).

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As of the start of 2017 my law office is at 1 King Street West, Suite 4800, Toronto, M5H 1A1. All of my other contact information stays the same.

In honour of the launch of my new website at www.Franklaw.ca, please enjoy this picture of a space shuttle launch:

It’s still a bit rough but I have started my own little YouTube channel at: Albert Frank’s channel.

Welcome to Albert Frank On Law & Life.

In this blog I plan to talk law, business, strategy, and some philosophy and politics. At some point I might also touch on personal interests and hobbies.

Given that I have been a lawyer for a little over half of my life — from the summer of 1984 — even the non-law topics are likely to be influenced by my legal experience and perspective.

At www.FrankLaw.ca you can find more information about me.

All the best,

Albert S. Frank