If a business is successful, it will eventually have excess cash retained in the company that is not necessary for the operations of the business. Two options for this cash is to distribute the excess to the shareholder(s) as a dividend, but that would result in personal tax being paid…
Tag: tax planning
Total 2 Posts
Our epidemiologists and public heath officers are warning us gently that the dreaded virus will be with us for awhile. Nevertheless, we are all hoping that our economy will recover soon (and to some extent our financial markets have), but it appears asset values in general may be depressed for…