by Roberto Belingueres | Jan 16, 2022 | Articles & Publications, Taxes
Selling your business shares to a family member? A new law means significant tax relief when you pass your business on to your kids. A recent change to Canada’s Income Tax Act (ITA) could reduce the tax sting associated with selling your business shares...
by Roberto Belingueres | Nov 22, 2021 | Advisory, Articles & Publications, Taxes
Do corporate loans count as taxable income? When shareholders or employees borrow money from a corporation, that money is generally considered taxable income. But this rule, like many CRA rules, has exceptions. Many shareholders and employees borrow funds from their...