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by cheez 3882 days ago
I actually had this discussion with my accountant yesterday: it only makes sense if you're so profitable that you're paying taxes.

Guess who that favours ;)

Not me!

2 comments

really? It's a refundable tax credit. Meaning if after the tax credit there is a balance it can be paid back out to you. See http://www.cra-arc.gc.ca/txcrdt/sred-rsde/clmng/srdnvstmnttx...
Get a new accountant.
That's the thought I had for other reasons, but good to know that it was justified.