[gscott]

As long as you don't produce a profit you won't be taxed.

[thewellofjake]

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

[gscott]

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]

Interesting. Do you have a reference?

[gscott]

"Retained Earnings" is what you want to google for.

Holding companies are also interesting http://businesslawblog.ahbl.ca/2012/10/02/benefits-to-using-...