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We have found that there’s a lot of misconceptions among business owners between the difference of salary and dividend. Our financial advisors in Calgary can help. At the end of
In our Corporate Taxation & Dividends article we briefly described the difference between non-eligible dividends and eligible dividends. This is an important topic to understand fully before we discuss the
In simple terms, Canadian corporations have access to two types of active business tax rates: The Small Business Deduction (SBD) – In AB the rate is 11% and you can