Tuesday, September 27, 2011 by Brian Posthumus Comments (0)
A question business owners often ask is whether minor children should be shareholders in the family business corporation. Usually, this is a tax motivated question, in that the higher income parents wish to access the lower marginal tax rate of their minor children. View the full blog post
Thursday, May 12, 2011 by Kim Drever Comments (0)
Canadian corporations have different tax rates depending on their size, their income, and the type of income earned. In Canada, we have a general theory that it should not matter how the income is earned, it should be subject to the same amount of tax once it has been received by the shareholder, regardless if it was earned in a company or not. View the full blog post
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