Reasonableness of Shareholder/Manager Remuneration

Reasonableness of Shareholder/Manager Remuneration At the 2001 Canadian Tax Foundation conference, you discussed the CCRA’s long-standing policy on when, for purposes of section 67 of the Income Tax Act (the Act), shareholder/manager remuneration will be considered reasonable. You indicated that the CCRA would not challenge the reasonableness of remuneration that was paid by a Canadian-controlled private corporation […]