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Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.

Shareholder Loans Tax Implications Canada: The One-Year Rule
CRA & Tax Compliance

Shareholder Loans Tax Implications Canada: The One-Year Rule

Understand the CRA one-year rule for shareholder loans, the interest benefit, exceptions, and how to track advances so they don't turn into a taxable surprise.

By Hamed Rashnoo·