Quote:
Originally Posted by darklord700
There are too many variables to consider here for anyone to give you a correct answer. You don't need to pay yourself anything in salary and you can take out the entire earnings as dividends. Don't forget if you take out salary have to pay the government CPP and EI up to about $40K in salary.
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CPP yes, but EI no. Since he is paying himself he would be EI exempt.