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Accounting

Home » Accounting
 Can You Borrow Money From Your Business Without Paying Tax?
0
By Joseph Kwan, CPA, CA
In Accounting, Business Owners, PREC, Small Business, Tax
Posted April 27, 2021

Can You Borrow Money From Your Business Without Paying Tax?

When you borrow money from your business, the CRA will want to tax the amount in your personal income. But, like many tax rules, there are exceptions.

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