Explore effective tax planning strategies in Canada, including income splitting, transferring income, and pension plan sharing, to minimize tax liability while adhering to legal regulations.
Explore strategies for maximizing deductible expenses related to investment income, including allowable carrying charges and investment management fees, to effectively reduce taxable income in Canada.
Explore how formal loans can be a tax-efficient method for transferring funds within a family, including requirements for validity, avoiding attribution rules, and maximizing tax benefits through income-splitting loans.
