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US / Canada Estates & Trusts Currency Converter
UHY Victor has a new client who was upset about the high amount of tax that his investment holding company was paying
on Friday, December 8, 2006
by Sylvie Plante
UHY Victor has a new client who was upset about the high amount of tax that his investment holding company was paying. After reviewing the investment portfolio of the holding company, we recommended that the client purchase investments which qualify as "eligible investments". These investments can be deducted from the holding company's taxable capital, which substantially reduced the tax on capital payable. Call me if you want further details on what investments can be purchased to reduce corporate tax on capital.
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