If you are looking for some other tax benefits of incorporating, then you should add income splitting to it. Shareholders are paid profits by the companies. We all know that the shareholders have no involvement in the activities of business. If you make your relatives the shareholders, then what you do are you redistribute the income within your own family members. Here we share some guidelines, which can help you decide on when to incorporate your business, ATS Accounting can be of awesome help when you need to know the tax benefits of incorporating.
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