What's a Shareholder Loan (Canada)?

Описание: A shareholder loan is created when you:
1. Pay for personal expenses with corporate cash
2. Pull out money from your company
3. Pay for business expenses with personal funds
4. Inject personal funds into your company

The company can either owe you money, or you owe the company money. When you owe the company money, you need to pay it back or pay taxes on it. When the company owes you money, you can withdraw these funds tax-free.

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