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Integration is an important concept in the Canadian income tax system. The basic concept of integration is A. if an individual channels income through acorporation,
Integration is an important concept in the Canadian income tax system. The basic concept of integration is
A.
if an individual channels income through acorporation, he will retain the sameafter-tax amount of funds he would have received if he had received the income directly.
B.
if an individual channels income through acorporation, the income should only be taxed at the corporate level.
C.
investment income should only be earned byindividuals, not corporations.
D.
the same income tax rates should apply to individuals and corporations.
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