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Advantages and Disadvantages of Holding Companies
An effective holding company structure offers numerous advantages in terms of legal protection, taxation and financial management as well as diversification and centralizing control. One of the primary advantages is tax-free transfer of retained earnings between your operating company and holding company, providing tax savings while also providing opportunities to
A fairer capital gains tax
For the most part. our tax system does not arouse great passions amongst Canadians. We generally accept that there should be personal income taxes and consumption taxes and corporation taxes, and we argue dutifully about what the rates, brackets, and exemptions should be, but on the whole, there is a
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