@tadtalksmoney: DIY investing inside a corporation can get expensive fast. Not because investing is bad, but because the tax rules are completely different than personal investing. If you’re incorporated, this is something you need to understand. 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 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. Sources: https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/federal-government-budgets/budget-2018-equality-growth-strong-middle-class/passive-investment-income/small-business-deduction-rules.html https://www.canada.ca/en/revenue-agency/services/tax/technical-information/income-tax/income-tax-folios-index/series-3-property-investments-savings-plans/series-3-property-investments-savings-plan-folio-2-dividends/income-tax-folio-s3-f2-c1-capital-dividends.html https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/t2sch7.html https://www.mnp.ca/en/insights/directory/new-tax-rules-and-new-tax-strategies #holdcoinvesting #taxplanning #businessowners #canadianfinance #wealthbuilding
If you invest in dividend paying stocks how are the dividends handled? They are not interest per se and it is not capital gain so how is it taxed in Ontario?
2026-03-05 13:49:22
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Nadia | Leadership Coach :
So you’re saying it makes more sense to pay yourself and then use that $ to invest personally?
2026-03-10 01:28:09
2
Troy 🇨🇦🍁 :
Corp class funds
2026-03-05 05:15:34
2
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