The TFSA on Steroids That 99% of Canadian Business Owners Don't Know Exists | Mike Sidhu (E003)

Canadian business owners are paying up to 50% tax on passive income - but there's a 175-year-old strategy most have never heard of. Michael Sidhu reveals how to move $200,000+ annually into a tax-exempt corporate structure that's been hidden in plain sight.

Michael specializes in corporate tax-exempt strategies for Canadian business owners. His approach: use properly structured insurance contracts to eliminate passive income tax while maintaining full liquidity and control.

"Every business owner in Canada has a secret silent partner - and that's CRA. Would you rather give money to CRA or to your kids?"

WHAT YOU'LL DISCOVER:
The "Corporate TFSA" strategy saving Alberta business owners 50% on passive income
Why $6,500 TFSA limits don't apply when structured correctly through your corporation
How to move retained earnings into tax-exempt growth (Section 148 of the Income Tax Act)
The difference between tax deferral vs tax elimination (and why it matters)
Real case study: Client moving $200K annually into this structure
Why your CPA, lawyer, and financial advisor need to talk to each other
The 7-company estate disaster and how proper coordination fixed it

KEY INSIGHTS:
"This isn't based on belief because it's not a religion. This is very pragmatic, mathematical, and codified under law."

"Having access to a tax exempt pool of capital is superior to having access to a taxable pool of capital."

"If what you thought to be true turned out not to be true, how quickly would you want to know it?"

TIMESTAMPS:
0:00 - Welcome to Episode 3
1:26 - What is the TFSA on Steroids?
4:04 - The $200K Alberta Client Case Study
7:36 - "It's Not a Religion, It's Codified Under Law"
11:02 - Breaking Down the Corporate Tax Problem
18:59 - Life Insurance Stigma vs Tax-Exempt Vehicle
23:01 - The Secret Silent Partner: CRA
28:26 - The 7-Company Estate Disaster Story
37:30 - Tax Deferral vs Tax Elimination Explained
42:04 - Who Qualifies for This Strategy?
50:30 - First Steps to Recalibrate Your Tax Bill
53:44 - Legacy Question: Breaking Cognitive Bias

Michael Sidhu is President of 360 Degree Wealth Strategies, specializing in helping Canadian business owners grow, control, and protect capital while reducing government interference. His focus: corporate tax-exempt strategies using properly structured insurance contracts.

FOR CANADIAN BUSINESS OWNERS:
If you're paying punitive tax rates on passive income and want to explore these strategies, drop a comment below with your biggest tax frustration. What's the tax bill that made you gasp?

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DISCLAIMER: This content is for educational purposes only and should not be construed as financial, tax, or legal advice. Canadian tax law is complex and individual circumstances vary. Consult qualified Canadian tax professionals (CFP, CLU, TEP) before implementing any strategies discussed.

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