A Very Good Taxes - Part 1: Difference between revisions
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Revision as of 15:46, 2 October 2026
matijasabljak.com S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone is actually in a high tax bracket to a person who is in the lower tax range. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't possess any other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it can also be your children.
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