Related party tax treatment - Tax Tip Weekly

Transactions between related businesses have specific tax implications. However, this cannot be used as a scheme to sell goods at below market value.

0:00 - Introduction
0:28 - What are related corporations?
0:37 - Example
1:27 - Market value principle
1:29 - Supporting documentation
2:05 - Common examples of transactions between related corporations
2:35 - Here's the tip

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Disclaimer:
The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.

Видео Related party tax treatment - Tax Tip Weekly канала Allan Madan