Capital Dividend

by Tax Guy - Burlington Accountant on February 11, 2010 Print This Post Print This Post

Certain income earned in Canadian controlled private corporations is non-taxable and may be passed along tax free to its shareholders in the form of a capital dividend. An example of non-taxable income eligible is the 50% of a capital gain that is not taxed.

About The Tax Guy...

Dean Paley CGA CFP is a Burlington accountant and financial planner who services individuals and business owners locally, nationally and internationally. Dean has appeared in the National Post, Toronto Star and Metro News.

To find out more, visit Dean's website Dean Paley CGA CFP or connect via Twitter @DeanPaleyCGACFP.

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