Tax Planning For Corporations Proper planning and execution of tax planning techniques is required. A Chartered Accountant should be consulted before attempting any tax planning ideas. Contact Keith Anderson CA at (780) 447-5830 if you need advice. Click For More Information Deciding Whether or Not to Incorporate (Reduce, eliminate, or defer tax) Assisting A Childs Education - Tax Savings (income splitting using your company) Your Remuneration - Tax Savings (saving money on choosing how you want to be paid) Defer Taxes With A Salary Bonus Extract Tax Free Cash From Your Corporation 5 Common Uses Of A Holding Company Automobile Allowances (some tax-free money is available) Automobile Reimbursements (more tax-free money) Reduce Automobile Benefits (Employer provided vehicles are costly) SR&ED Tax Incentives (Cash refunds and Tax reductions from the government) Tax Free Sale Of Your Business (using capital gains exemption) Deferred Profit Sharing Plans (DPSP's) (Share profits with employees) Start An Employee Profit-Sharing Plan (EPSPs) (Easy and inexpensive way to income splitting) Start An Individual Pension Plan (IPP's) (IPP's Can Supplement RRSP's ) Corporate Owned Life Insurance Corporate Loss Utilization Pay A Retirement Allowance To The Shareholders (tax deferred receipt of money) Death Benefits - Tax Free Money To The Shareholders Superficial Losses And Stop Losses - Obtaining Tax Benefits Corporate Attribution (avoiding income splitting problems) Replacement Property In A Business - Defer Tax On Gains Foreign Exchange Taxation Rules (don't overpay your taxes) Legal Notice And Disclaimer Privacy Statement |