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Old 04-24-2024, 10:07 PM   #11966
Izzle
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Quote:
Originally Posted by opendoor View Post
Canada still has a lower corporate capital gains tax than the US and most peer nations do. Most other countries have a 100% inclusion rate on corporate capital gains and tax it the same as regular income. Canada is one of the few places that still gives tax breaks for corporate capital over corporate income, and a 66.7% inclusion rate doesn't change that. Regardless of the histrionics from people who use corporations as a loophole to create an unlimited RRSP with a preferential tax rate.
Are you referring to an Individual Pension Plan with your last statement?
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