Changes to controversial small business tax proposals to be unveiled

Finance Minister Bill Morneau will brief Liberal backbenchers on Monday on changes he's making to proposed tax reforms that sparked a fierce public backlash.

The proposed reforms were intended to put an end to measures which Morneau contends have allowed wealthy individuals who incorporate their small businesses to avoid paying their fair share of income taxes. But it has angered the doctors, lawyers, accountants, shop owners, farmers and even some Liberal backbenchers.

Morneau has acknowledged changes are needed to address some of the concerns raised, including complaints that the reforms would disproportionately impact women and make it impossible for farmers, fishers and others to pass their small businesses on to their children.

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