Do you actually need a holding company? This 2026 framework for Canadian incorporated business owners walks through three real scenarios with dollar figures to help you decide whether the structure pays for itself or adds cost without benefit.
If a shareholder loan is not repaid by the end of the corporation’s fiscal year following the year it was made, subsection 15(2) of the Income Tax Act includes the full principal in personal income — a 6,000 tax hit on a 00,000 loan for top-bracket Alberta CCPC owners in 2026. Section 80.4 also assesses imputed interest at the 3% Q2 2026 prescribed rate. Here is how to stay onside.
No. The proposed 66.67% capital gains inclusion rate was officially cancelled on March 21, 2025. For 2026, the rate remains 50%. Combined with the $1,275,000 LCGE on QSBC shares, most Alberta CCPC owners pay an effective rate far below what the 2024 headlines implied.
Last week the U.S. House passed the “One Big Beautiful Bill,” a massive budget package now in the hands of the Senate. Buried in the…
Deadline check-in: Self-employed individuals have until June 15 to file their 2024 income-tax and GST/HST returns. File late or overlook a key rule and the Canada Revenue Agency…
Inflation affects nearly every aspect of our financial lives — from the price we pay at the grocery store to the cost of borrowing for…