private company

What should you do with surplus cash?

10 key decisions for business owners

Key decision 3 – What should you do with surplus cash?

If you are the owner-manager of a private Canadian corporation and have surplus cash accumulating in your company, you may be wondering whether to retain the funds in the company or withdraw them while paying as little tax as possible. If so, there are a number of questions you should consider before you take action.

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