4 ms·

I know that. But the company did produce profit I wanted to invest in expending the business

• gscott 9y ago
  I think you can hold around 150k without being taxed on it if you are using it for future improvements if you are a corporation.
  • thewellofjake 9y ago
    Interesting. Do you have a reference?
    • gscott 9y ago
      "Retained Earnings" is what you want to google for. Holding companies are also interesting http://businesslawblog.ahbl.ca/2012/10/02/benefits-to-using-a-holding-company/ http://businesslawblog.ahbl.ca/2012/10/02/benefits-to-using-...