Tricks

The following describes how a trust might work. This material is general in nature and is not intended to constitute legal advice. A trust consists of four essential features: the…

To create an effective corporate structure plan, business owners in Canada should understand the tax concept of safe income. Corporate taxpayers resident in Canada are generally required to include the…

Canada’s thin capitalization rules generally denies a deduction for interest expense by a Canadian corporation (or trust) if the interest expense is paid or payable on “outstanding debts to “specified…