What are Deferred Taxes? Deferred taxes refer to the postponement of income taxes to future periods due to differences in…
What is Withholding Tax? Withholding tax is a tax levied on income, such as wages, interest, or dividends, that is…
When a business is in need of capital, the founders or shareholders may choose to lend money to the company…
What are Retained Earnings? Retained earnings are the portion of a company’s profits that are kept by the company rather…
A Dual-Listed Company (DLC) is a corporate structure where a single company is listed on multiple stock exchanges. This allows…
What are Capital Dividends (Canada)? Certain dividends, called capital dividends, may be paid tax-free by private corporations to their Canadian-resident shareholders. This means that no…
What are Incorporation Costs? Incorporation costs refer to the fees and expenses that are incurred in the process of forming…