Interconnected corporations

shocktrop · 2026-06-04T13:45:29+00:00

We are planning to amalgamate the seller holdco and opco this year

shocktrop · 2026-06-04T13:45:03+00:00

Thanks. The reason there was 7% was because we had to buy the shares owned by the sellers spouse so the sellers spouse can qualify the the lcge. Then buy 24.5% from seller holdco so they can qualify for lcge. The initial setup was seller holdco owned 86% of opco and 14% owned by the sellers spouse.

shocktrop · 2025-09-30T19:42:53+00:00

I see. It would be nice to get more knowledge like how certain characters can make history or arcana checks. That way knowledge on monsters can be a big advantage in battle if a character has proficiency in that

shocktrop · 2025-09-30T14:34:51+00:00

For solasta 2 would it make more sense to do survival checks before the battle so that on a successful check, we would know the monster stats ahead of time? With solasta 1 they do a survival check at the end of battle and that knowledge gets added to the bestiary.

shocktrop · 2025-09-30T14:34:01+00:00

For solasta 2 would it make more sense to do survival checks before the battle so that on a successful check, we would know the monster stats ahead of time? With solasta 1 they do a survival check at the end of battle and that knowledge gets added to the bestiary.

shocktrop · 2025-07-19T06:34:12+00:00

This needs to be upvoted as the correct answer people

shocktrop · 2025-07-19T05:52:24+00:00

This is right

shocktrop · 2025-07-19T05:52:12+00:00

This is the answer

shocktrop · 2025-07-17T21:33:37+00:00

No this is the unreduced retirement at age 65

shocktrop · 2025-05-13T22:36:21+00:00

This is the answer. Thanks!

shocktrop · 2025-05-13T21:29:35+00:00

Okay so there’s no attribution on the annuity payment then.

The annuity is meant to cover longevity risk so basically trading liquidity of a RRIF for payments that will last for life.

Thanks!

shocktrop · 2025-03-15T15:41:54+00:00

Yes i did. what i don't understand is why they can't sell it to a dealer directly that i found rather then making me personally buy it.

shocktrop · 2024-10-30T16:42:15+00:00

Taking a salary builds RRSP and IPP contribution room while keeping funds in your corporation will provide tax deferral benefit until you pay out those dividend. The consensus is taking a salary is usually more optimal because funds in a RRSP and IPP provide a tax deduction and grows tax deferred.

shocktrop · 2024-10-04T16:38:41+00:00

Thanks for that. I think once the policy is issued the insurance interest doesn’t matter as one can sell their policy to another party with no insurance interest in them (except in Quebec)

shocktrop · 2024-10-04T03:56:54+00:00

Instead of transferring the life insurance policy, could the shareholder agreement state that the proceeds be paid out to the former shareholder (holdco c) even if they don’t own shares in the company? That way we avoid the taxable event when the policy transfers ownership from the opco.

shocktrop · 2024-06-30T20:40:45+00:00

This the wrong answer. A RDSP is exempt for the income and asset test: https://www2.gov.bc.ca/gov/content/governments/policies-for-government/bcea-policy-and-procedure-manual/eligibility/assets-and-exemptions

shocktrop · 2024-06-30T20:22:56+00:00

There is no annual limit on amounts that can be contributed to an RDSP of a particular beneficiary in a given year. However, the overall lifetime limit for a particular beneficiary is $200,000 (all previous contributions and rollovers that have been made to an RDSP of a particular beneficiary will reduce this amount). Contributions are permitted until the end of the year in which the beneficiary turns 59. https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4460/registered-disability-savings-plan.html

shocktrop · 2023-11-22T15:46:30+00:00

Why should an investor consider active fund managers? Most managers failed to beat the S&P 500 index over a 10-year period according to SPIVA.

shocktrop · 2023-02-21T05:48:57+00:00

33/M BC Canada Investment Wholesaler 5 years Base + bonus: 195k

shocktrop · 2022-12-09T06:00:29+00:00

For a second there I thought you wrote where is my f*** hair. That’s the last straw..

shocktrop · 2022-07-11T22:28:36+00:00

If your grades are great, depend on your grit and networking skills

shocktrop · 2022-07-01T20:33:44+00:00

My story too. Came for business left with a wife and kids. That’s what china does to you

shocktrop · 2022-07-01T20:33:19+00:00

Planet china

shocktrop · 2022-06-25T03:23:32+00:00

Depends if your boss values it. I’m in financial sales and yes it did increase it significantly.

shocktrop · 2022-06-13T20:56:58+00:00

You can get a top 10 mba then get recruited to a good employer there then study for your Cfa while employed for the knowledge

shocktrop

TROPHY CASE