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Ep #98 - Death and Taxes for Incorporated Professionals in Canada - with Mehul Gandhi, CFP, CLU, TEP

beyond MD with Dr. Yatin Chadha

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Navigating Tax-Free Death Benefits and Insurance in Canada

This chapter explores the tax implications of insurance death benefits in Canada, focusing on their tax-free status for individuals and corporations. It emphasizes the significance of proper ownership and beneficiary designations to enhance tax efficiency upon the policyholder's death.

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