CRA Takes 80% When You Die

When you die owning a corporation in Canada, the CRA can take up to *80% of its value through layers of taxation — leaving your family with almost nothing. In this video, I break down how this actually happens using a simple $1 million corporation example, and why most business owners only discover this problem when it’s already too late. You’ll learn: • How CRA applies a deemed disposition when you die • How a $1M corporation can trigger over $800K in total taxes • How capital gains tax, dividend tax, and corporate tax stack together • What “double” and “triple” taxation really mean in practice • What post-mortem tax planning is • What strategies can reduce the tax outcome from ~80% down to ~27% • Why this issue affects employees, jobs, and entire communities — not just owners • The three questions every incorporated business owner must ask their tax advisor Here's the blog related to this topic on our website - https://theadvisorstable.com/dont-let... If you own a corporation, this is something you cannot afford to ignore. Without planning, years of work can disappear to taxes in a single event. 📥 Blog*:* “5 Questions to Ask Your Advisor” checklist at *theadvisorstable.com* 🔔 Subscribe for more practical Canadian tax and business insights 💬 Comment if you’ve seen this happen in real life — or if you want a second set of eyes on your situation #AdvisorsTable #CanadianTax #EstatePlanning #BusinessOwners #CRA