Shajani CPA

Navigating the New Landscape of Income Splitting for Family-Owned Businesses

June 6, 2024
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Tax Planning

Introduction: The Evolving Landscape of Income Splitting and Tax Planning in Canada Income splitting has been a cornerstone of tax planning for Canadian family-owned businesses for decades. By allocating income among family members, businesses could significantly reduce their overall tax…

Mastering TOSI: Unlocking Tax Savings for Your Family-Owned Business

June 5, 2024
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Accounting, Tax Planning

Are you looking to optimize your family's tax planning strategies? Understanding the Tax on Split Income (TOSI) and how trusts can be used effectively is crucial for family-owned businesses in Canada. The Tax on Split Income (TOSI) rules were implemented…

TOSI

December 13, 2023
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Accounting, Tax Planning, Uncategorized

TOSI or tax on split income must be considered when receiving certain types of income from a corporation. The 2018 amendments to section 120.4 of the Canadian Income Tax Act have brought to the forefront the question of if income…

January 7, 2023
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Tax Planning

January 7, 2022
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Tax Planning

Shajani Newsletter

Tax and business tips from Shajani's experts, specifically for Canadian business owners. By subscribing, you agree to our privacy policy.

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TOSI

Navigating the New Landscape of Income Splitting for Family-Owned Businesses

Mastering TOSI: Unlocking Tax Savings for Your Family-Owned Business

TOSI

TOSI

TOSI

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Shajani Blog

Navigating the Trump Effect: Strategic Tax and Financial Insights for Canadian Family-Owned Businesses Amid U.S. Election Shifts

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