The Principal Residence Exemption is a tax provision in Canada that allows individuals to claim an exemption from capital gains tax on the sale of their principal residence.
Whether you should receive salary or dividends in Canada depends on several factors, including your business structure, personal financial situation, and tax considerations.
Here are some general points to consider:
Deciding whether to incorporate a business in Canada depends on various factors, including your business goals, size, industry, and personal preferences. Here are some key considerations to help you make an informed decision.
The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, 2022.
