Capital Dividend Account Explained: Tax-Free Strategy for Business Owners

[@mikepahwa7937]

Thanks Joe !!

[@Rej800]

Thanks Joe! I would love to hear your thoughts about investing in personal TFSA/RRSP vs inside the corporation

[@tblack21]

Wouldn’t the tax free portion be 33.3% since the capital gains inclusion rate increase?

[@HanyAeta-m8v]

Is tax free capital gain for 2024 tax year would be reduced by the non taxable portion of capital losses for 2023 which was carried backwards for 3 years against previous gains on 2023 tax filing, and I already received a refund from CRA for 2023 losses?