Serbinski Accounting Firms

I'm trying to understand this strategy "You could leave the dividend as a loan owing to you and draw it down tax free while in teh US since its a loan repayment not income." Does this mean that I would have to pay the tax(drawn from the ccpc) personally on departure? or am I loaning the mo...

So by taking the taxable dividend of the entire Retained Earnings mean that I would have to report this entire amount as income personally in the departing year or by doing the loan repayment am I able to defer paying the taxes personally?

Thanks

I'm currently working as a self-employed contractor in Canada using my corporation. I'm looking to work on TN1 visa in the US as an employee. Will CRA make me draw all the money out personally when I file my departure return or can I leave it all in there in case I come back to Canada?(might come ba...

Will CRA make me draw all the money out personally when I file my departure return or can I leave it all in there in case I come back to Canada?(might come back in 1-5 years)

I'm looking into relocating to Texas for work as an employee of a US company. I'm currently working as a self-employed contractor using my corporation. There's a large amount of funds still in the Corporation and I also own a house in Canada. What would be the consequences of my House and money stil...