by Brian Hebert | Feb 6, 2016 | First Nation's Business
Let’s recap from my previous blog post. Most First Nations are public bodies performing a function of government in Canada and, like municipal governments, are exempt from income tax under section 149(1)(c) of the Income Tax Act. This means that off-reserve...
by Brian Hebert | Feb 20, 2015 | First Nation's Business, Uncategorized
The good news is that First Nations can easily set up community owned businesses so that no income tax is paid on profits earned by those businesses. The bad news is that there are some rules that must be followed to keep the tax man away. Here are 5 simple rules...
by Brian Hebert | Jan 21, 2015 | First Nation's Business
As more First Nations enter private business to generate much needed cash and economic opportunities for their members certain “best practices” have emerged. Following these best practices will give Chief and Council the best shot at improving conditions...