This is a frequently asked question about family trusts. I do believe in family trusts but in the answer I'm giving to you here you have to keep a mind how expensive they are to set up and they will eventually become the target of the government which is why I prefer to hold all of my property in numbered corporations that includes cars and crypto and homes.
If you have any further questions about taxes do not hesitate to let me know.
#canadarevenueagency #CRA #incometax #corporationregistration #Calgary #yyz #canada #capitalgains
If you have any further questions about taxes do not hesitate to let me know.
#canadarevenueagency #CRA #incometax #corporationregistration #Calgary #yyz #canada #capitalgains
This is a frequently asked question about family trusts. I do believe in family trusts but in the answer I'm giving to you here you have to keep a mind how expensive they are to set up and they will eventually become the target of the government which is why I prefer to hold all of my property in numbered corporations that includes cars and crypto and homes.
If you have any further questions about taxes do not hesitate to let me know.
#canadarevenueagency #CRA #incometax #corporationregistration #Calgary #yyz #canada #capitalgains
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