How Wealthy Canadians Pay Zero Tax on Dividends
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How Wealthy Canadians Pay Zero Tax on Dividends
Want to pull cash from your business entirely tax-free? Wealthy Canadian business owners use a mechanism called the Capital Dividend Account (CDA) to extract the non-taxable portion of corporate capital gains without paying a single dollar in personal tax. By combining this with a TFSA, you can shield that passive income from the CRA ...
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