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Income Splitting Opportunity: Take Advantage of the 1% Prescribed Interest Rate:
The Canada Revenue Agency has reduced its prescribed interest rate to only 1% for the period ending September 30, 2009. As a result, this provides an exceptional opportunity for taxpayers to take advantage of certain long-term income splitting strategies. For more information please click on this link.
Should you have any questions concerning this opportunity, please contact a member of PSB Boisjoli’s tax group.
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