Tax Planning

Explore Tax Strategies

At RBC Wealth Management, we can recommend potential tax strategies that may suit your situation. These include:

• Different forms of income splitting, such as a family trust or spousal loan at the Canada Revenue Agency (CRA) prescribed interest rate
• Tax-efficient investment vehicles
• Investing in registered accounts, such as Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs) or Registered Education Savings Plans (RESPs)
• Different forms of charitable giving
• Distribution of assets between your accounts
• Approaches for transferring wealth to beneficiaries
• Potential structures, such as holding companies and insurance

With a team approach, we can assist in determining which options may help you reach your goals. We will also work with your tax advisors to effectively implement strategies as part of your personalized planning.