Paying funds from CDA acct. or is it to late!

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Katou
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Paying funds from CDA acct. or is it to late!

Post by Katou »

In my small company we have a good amount of funds in our CDA acct .Im debating if it would be prudent to pay these funds out to shareholder tax free and loan back to my company if we need them!

Given latest Finance Dept reviews has existing CDA rules changed already...
Thank You.
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DavidR
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Re: Paying funds from CDA acct. or is it to late!

Post by DavidR »

No changes to CDA rules yet, so its not too late.
Katou
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Re: Paying funds from CDA acct. or is it to late!

Post by Katou »

On CDA if it were to change any idea when it could possibly happen!
Would it be with the Govt. spring budget!

Also..
In another small comp. we have a good amount of RDTOH that was created around 10 years ago.
As of this date has this been affected or are we ok to keep receiving these when we pay ourself dividends.

Thank You
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