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by dualcitizencanuk22
Tue Jan 01, 2019 2:42 pm
Forum: Canada / United States Tax & Accounting
Topic: Planning for excess funds in CCPC
Replies: 2
Views: 297

Planning for excess funds in CCPC

Hi, I am a dual citizen (US/Can) living in Canada. I own 100% of the shares of a CCPC. This year the CCPC has substantial excess funds and I am trying to figure out the best thing to do with them. The typical strategy for a Canadian who is not a US citizen would be to leave the funds in the CCPC and...