Taking money out of your corporation isn’t always as simple as it looks. Learn how shareholder loans work, the CRA repayment rules, and how to avoid unexpected tax issues.
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how does a shareholder loan work
What Is a Shareholder Loan (And When Should You Use One?)
Learn what a shareholder loan is, when to use it, and how to take money out of your business without creating unnecessary tax problems.
Shareholder Loans: What it is and How Does it Work?
Whether you’re the sole business owner or a shareholder in an incorporated partnership, understanding shareholder loans is essential to maximizing…