Lean Accounting 101 from Hahn & Houle LLP on Vimeo.
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They’re Clamping Down on Income Splitting: What it means for you
Income Sprinkling 101
It’s become common practice for high income Canadians. We get a private Corporation (easily done) and funnel a portion, or all, of our income into it. From there, we pay lower income family members (who may or may not be connected to the business operations) via dividends and it cuts down the tax bill. A lot.
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