Open AccessProfessional Corporations
Author(s) -
M.C. Rodney
Publication year - 1969
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr1911
Subject(s) - statute , legislation , business , law and economics , law , accounting , economics , political science
Legislation in Alberta prohibits practically all major professions from carrying on their business in corporate form. The result is that these groups labor under substantial tax disadvantages. The author, after discussing the American progress in this area. concludes that a Professional Corporations Act is necessary if this disparity of taxation is to be removed. He suggests provisions which would require specific treatment in such a statute.