All Questions
3
questions
6
votes
1
answer
290
views
Why is investment income generated in a corporation taxed at a higher rate than when it is generated for an individual?
I often have a hard time understanding my accountant so I ask others to interpret what he said. I welcome insight from experience gained in any country with similar tax laws (doesn't have to exactly ...
- 839
4
votes
2
answers
287
views
How to evaluate different account (RRSP, TFSA, ...) and investment types (equities, bonds, cash) combinations
If I make $1 tomorrow, I can put that $1 in several accounts:
Personal non-registered account
Personal RRSP account
Personal TFSA account
Pay down mortgage
Leave in corporation and take out later
In ...
- 131
3
votes
2
answers
232
views
Better ways to invest money held by my small, privately-held Canadian corporation?
I own a small, privately-held corporation and am looking for ways to invest my corporation's money more effectively.
The problem is the government taxes passive investment income inside a corporation ...
- 31