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Maximizing Tax Savings through Corporate Reorganization: Insights for Family-Owned Enterprises in Canada

Understanding the Power of Corporate Reorganization As an entrepreneur of a family-owned enterprise in Canada, navigating the complex world of taxation can often seem daunting. However, with strategic planning, particularly in corporate reorganization, significant tax savings can be achieved. This…

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Tax-free savings accounts were introduced in 2009 and allowed contributions for everyone over the age of 18 to: $5,000 annually for years 2009 through 2012. $5,500 for the years 2013 and 2014. $10,000 for the year 2015. $5,500 for the…

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