The Ultimate Strategy To Transfer Your Corporate Assets To Beneficiaries Tax-Free

If you’re the owner of a corporation, looking for a tax-effective way to transfer corporate assets to family, consider using your company’s capital dividend account. This is an efficient way to minimize the tax burden arising at death upon the distribution of the deceased’s assets to beneficiaries. It’s an important part of a tax reduction strategy and is only available to Canadian controlled private corporations residing in Canada. What is a Capital Dividend...