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Old 08-08-2007, 01:50 PM  
thebigmook
Registered User
 
Join Date: Jul 2007
Posts: 35
Canadians, Corporations and Taxes

Anyone know how much % tax you pay in Canada if you own a corporation?
I heard its around 22% for the first 200k, what about after that?

Also, say I were to create a corporation today. Could I transfer my earnings from Jan to now (earnings that are currently in my savings account) to the corporation and pay corporate taxes at the end of the year instead of personal tax?

Thanks
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