Mutual Funds
Don’t Miss the Opportunity to Set up a Spousal Loan
If there was ever a time that you would want to consider using spousal loans, this is it. The current prescribed rate on a spousal loan is 1%, which is the lowest the prescribed rate has ever been. This is really as good ...
26 Comments | Posted in Credit and Debt Management,Financial Planning for Business Owners,Mutual Funds,Stocks,Tax Planning
January 05, 2010
Minimizing Tax Held in Mutual Funds in a Corporation
When it comes to tax minimization, the use of Corporate Class mutual fund structures is a strategy that has significant benefits to individuals and to corporations. Switching from one mutual fund to another triggers capital gains taxes in traditional mutual funds. However, the same switch ...
1 Comment | Posted in Financial Planning for Business Owners,Mutual Funds,Retirement Planning,Tax Planning
November 23, 2009
The Effect of Harmonized Sales Tax on Mutual Fund Investors
The proposal to harmonize the PST with the GST will effectively increase the management fee on a mutual fund investment by 8% (the PST) effective July 2010. This is not in the best interests of mutual fund investors or the people of Ontario. The main reason ...
5 Comments | Posted in Mutual Funds,Savings and Investments,Tax Planning,Uncategorized
October 05, 2009
