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30 Jul

Opportunity for Increased Tax Savings from Income Splitting with a 1% Prescribed Rate Loan

Thursday, July 30, 2020Lindsay Ann HistropCorporate Law, Tax and Estate PlanningIncome Splitting, Tax Savings

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In this blog we will explain how you may be able to benefit from a 1% prescribed-rate loan to split income with certain family members who are taxed at a lower marginal rate.

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