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Corporate Taxation: Interesting Angles on Canadian Interest Income

By: Justin Bender · July 21, 2017 - 0 comments

Now that your business is going gangbusters, let’s take a look at your corporate investments. I’m talking about your active business income that has not been paid out in taxes or distributed to shareholders. Since that amount can be significant ($85,000 for every $100,000 of active business income in Ontario), it may not take long before you’ve accumulated significant chunks of change in your corporate account. Let’s put that lazy money to work!
 

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