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Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone is actually in a high tax bracket to someone who is within a lower tax area. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't get other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it can also be your children. Whenever it is easy to transfer income to a pers..."
 
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