OT contracting and incorporation

[John Van Ostrand]

Evan Leibovitch wrote:
> Dave Cramer wrote:
>>  typically leave money in my company which is only taxed at 18%
>>     
> Exactly. To be more specific, dividend income is taxed lower than salary
>   
Or perhaps income splitting with the spouse or kids. Pay them to keep 
the office clean, as a board member, reception service. This only works 
if your spouse doesn't have an income or it's substantially lower than 
yours, and on the other side of an income tax bracket.
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-- 
*John Van Ostrand* 	*Net Direct Inc.* 	 
CTO, co-CEO 	564 Weber St. N. Unit 12 	map 
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  	Waterloo, ON N2L 5C6 	 
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