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Income Splitting with Children While Staying Compliant with the Attribution Rules
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Income Splitting with Children While Staying Compliant with the Attribution Rules

In Parts 1 and 2 of this 3-part series, we explained how Canada’s attribution rules affect your family’s tax bill and shared income-splitting strategies with spouses. In this final blog, we focus on CRA-compliant strategies involving children and other family members—covering trusts, RESPs, RDSPs, hiring family members, and planning around the Lifetime Capital Gains Exemption (LCGE).

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