Investing Despite Attribution Rules

By transferring income and assets to various family members, you are able to minimize your taxes and increase your family’s wealth. There are, however, rules in the Income Tax Act that restrict certain transactions. The test for the vast majority of these restrictions is whether the transaction was between non-arm’s length individuals (not family). In this module you will gain a solid understanding of non-arm’s length transactions so you can use existing tax efficient investing opportunities and not get in trouble with the taxman.