Timeline for Lending club investments through a numbered company for favorable tax?
Current License: CC BY-SA 3.0
5 events
when toggle format | what | by | license | comment | |
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Mar 22, 2018 at 2:35 | comment | added | Chris W. Rea | I posted an answer at this question which may have some relevance here too. | |
Mar 21, 2018 at 13:13 | comment | added | Grade 'Eh' Bacon | In short, you are very unlikely to get any advantage from structuring passive investments through a corporation in Canada. This is done on purpose. If you make < the top personal tax bracket [which it seems is true for you, because your marginal tax rate is 26%], then this will typically accelerate your tax through Additional Refundable Taxes owed by your corporation. | |
Mar 20, 2018 at 23:03 | comment | added | quid | Are you sure it's taxed that way? The US has this concept called Original Issue Discount the taxation/record keeping is a bit more complex than simply interest payments as income. | |
Mar 20, 2018 at 22:57 | review | First posts | |||
Mar 21, 2018 at 1:32 | |||||
Mar 20, 2018 at 22:55 | history | asked | Drakes | CC BY-SA 3.0 |