Mr. Speaker, on January 1, small businesses will be paying lower taxes, because we are dropping the small business tax rate. For those Canadian-controlled private corporations that do use income sprinkling, they will have the entirety of 2018 to determine how to give out dividends, and then they will have a few more months after that to prepare their taxes. We are giving plenty of time to businesses to ensure that they are able to continue to do things that matter to their businesses.
In the House of Commons on December 13th, 2017. See this statement in context.