PBO Releases Income Sprinkling Report

Headline Politics

PBO Releases Income Sprinkling Report

Parliamentary budget officer Jean-Denis Fréchette and assistant Parliamentary Budget Officer Mostafa Askari speak with reporters in Ottawa about their office’s analysis of tax changes to restrict income sprinkling. The PBO says that income sprinkling revenue could be double the amount stated in the federal budget. Income sprinkling allows business owners to pay less in income tax by splitting their income with family members in lower tax brackets. (March 8, 2018)