Mr. Zakharia says incorporation is not as appealing for people who spend all or most of their income, in part because of the cost of incorporation, which is about $1,500 to $2,000 to set up and ...

The issue of personal incorporation found its way into Ontario’s budget again this year. Last year, Ontario proposed to extend the right to incorporate to numerous professionals, and it has since ...

In Ontario, for example, an incorporated business pays a tax rate of 15 per cent on the first $500,000 of income each year, thanks to the small business tax deduction, and 26.5 per cent for ...