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corporate tax

  1. Can I apply the net loss from my one corporation against the gain from my other?

    Corporation A has 2 directors - me and another guy (we have equal common shares) - and Corporation B has only 1 director: me. Corporation A will incur a non-capital loss this year. Corporation B will make a profit. Can I apply some of the loss from corporation A against the gain from...
  2. Owning a startup personally or via another company.

    From a tax perspective, is it better to own shares in a startup personally, or via another company that you own? The company is a software startup, so we're hoping that it will eventually be worth millions of dollars (although it is currently worth zero-ish dollars). On the slim but non-zero...