@tadtalksmoney: You did everything right. Built your corporation. Paid your taxes. Kept your money inside. And yet… you still feel broke. Why? Because the system is designed to grind you down—with passive income penalties, dividend traps, and taxation at death. If your corp is sitting on cash and you’re not sure how to get it out efficiently… you’re not alone. But you’re also not stuck. Let me know what you think in the comments ➡️ Link in bio to schedule a complimentary zoom consultation Follow for more tips on building wealth and achieving financial freedom! 🌟 Disclaimer: All videos are for educational/entertainment purposes only. Figures used are to demonstrate concepts, not financial advice. This message is an expression of the author’s personal opinions. The company will not be held liable in any way for the opinions expressed herein. #CorporateTax #BusinessOwnerLife #TaxStrategy #WealthPlanning #CDA #PassiveIncomeTax #RDTOH #CanadianBusiness #TaxTrap #PrivateWealth
Canada is becoming a modern day slavery so why work ,hell welfare pays better
2025-06-16 00:46:48
158
Cessius :
You are obviously not a business owner. Dividends are taxed on the receivers nominal tax rate. So if are trying to take a million bucks in dividends from your company in one year and that’s all you personally earn then you will pay the nominal tax rate of 33% (the max) on that money. If you were a small business owner taking out 40k and your total income was 100,000 then you would pay 20.5%. SAME AS EVERYONE ELSE. You have the opportunity to earn more as your business grows, and hence you pay more tax to support the country. Basically what you think is that business owners should pay less tax than the average person. Very 1% of you.
2025-06-16 03:37:27
6
Tadashi Robson :
Are any other business owners feeling this way?
2025-06-15 18:03:07
117
GG :
Stop it. Businesses owners pay the least taxes. It’s always the middle class who gets stiffed. We all know this stop whining and pay your share.
2025-06-16 01:36:01
9
MrTruther :
This is why most businesses are on the way out of Canada, and very few startups in Canada, who in their right mind would invest in such a Criminal Country.
2025-06-16 01:00:45
84
al720355 :
Doesnt matter how hard we work and how much we make its all gone to the cra
2025-06-16 00:24:51
15
marcelthibodeau68🇨🇦 :
enough
2025-06-16 17:52:46
1
nornfarmsinc :
I do this myself
2025-06-16 02:28:35
3
CapitanKlossJ23 :
In democracy we need to vote in right people into office. Political apathy among citizens is the problem.
2025-06-15 22:36:30
19
Tim Senger :
My colleague and I know a way around the tax on dividends and are helping people. We also deal with CRA and they don't like us
2025-06-16 14:20:37
2
WalkervilleCandles :
Enough
2025-06-21 16:18:58
1
BH8 :
enough
2025-06-16 15:51:28
1
Antonio Petrecca :
enough
2025-06-18 09:24:19
1
HydeHouse :
enough
2025-06-16 19:47:47
1
redribbongroup :
Enough
2025-06-23 16:10:00
1
bammer999 :
Enough
2025-06-16 14:15:44
1
Canadian Wolverine :
I switched to a corporate structure at the pest of my ex-wife from sole proprietor
2025-08-01 22:27:21
1
Jakey :
Enough
2025-06-17 02:38:58
1
AliMoucho :
enough
2025-06-16 13:44:54
1
Ron Zalko Fitness & Yoga :
Enough
2025-06-21 08:11:23
1
Evanstonehomes :
Enough
2025-06-25 02:04:47
1
Lee :
Enough
2025-06-16 12:26:47
2
Tony Wan :
Enough
2025-06-19 04:43:35
1
Gotta Shiney Peso NRHA🇨🇦🇺🇸 :
Enough
2025-06-16 13:45:02
1
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