There are two sections to this article:1) An outline of the problem – what could happen to you if your small business is declared to be a personal services corporation;2) What you can do to avoid having the Canada Revenue Agency (CRA) view your business as a personal services corporation.You may want to read What Is a Personal services corporation? The basic problem is that income from a personal services business is not considered to be active business income by the Canada Revenue Agency.Corporate tax rates vary from province to province, but the difference can be very expensive tax-wise, as Mark Goodfield, managing partner of Cunningham LLP, a Toronto-based law firm, explains in his The Blunt Bean Counter blog: "In Ontario that means the corporation will be subject to income tax at a rate of 39.25% (in 2012). Free Canadian dating service is to help Canadian singles who live in Canadian country as well as other countries to find a friend, a partner, a lover, relationship, or marriage.An online dating service is a company that provides specific mechanisms (generally websites or applications) for online dating through the use of Internet-connected personal computers or mobile devices.
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