We at RC Financial Group provide tax planning in the form of tax avoidance. Tax planning is a legal method of tax avoidance and our team of professional chartered accountants in Toronto and the Greater Toronto Area can guide you through the best methods of tax planning.
Tax avoidance is the legal use of federal or provincial tax law to one’s advantage, and to reduce the amount of tax payable. Tax sheltering and tax havens are jurisdictions that facilitate reduced taxes.
RC Financial Group can help you navigate the grey area between commonplace and well-accepted tax avoidance. We can help you reduce your tax paid while staying within Canadian and other country laws about tax avoidance. Specifically, laws are known as General Anti-Avoidance Rule (GAAR) statutes that prohibit “tax aggressive” avoidance have been passed in several developed countries including the United States (since 2010), Canada, Australia, New Zealand, South Africa, Norway, and Hong Kong.
Paying taxes is necessary for a smooth ride of your business. And that’s why tax planning is something which you need right now. A corporate tax accountant is someone who is required by you for doing your taxes.
For businesses, there are many factors taken into consideration in deciding their tax liability. Some factors used to determine a business’ tax bill includes:
Please contact us to get started. (855) 910-7234
Copyright © 2006-2015 | RC Financial Group Inc. All rights reserved.