Can You Use Corporate Dollars For An Infinite Banking Policy? | Calling All Business Owners!
Get every episode summarized
Each time Control and Compound with Darren Mitchell publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
About this episode
On today's episode, Darren and Christina break down what it looks like if you use cash inside your corporation to fund an infinite banking policy. You're not going to want to miss this episode as they go over the tax implications, OpCo vs. HoldCo, and what you can use the cash for in a policy. Tune in now!
Show notes:
00:00 - Introduction
1:20 - CCPC (Canadian controlled private corporations) tax implications
7:55 - Using corporate dollars for infinite banking
13:35 - OpCo vs. HoldCo
17:20 - Can I put a policy on my kids/spouse within my corporation?
20:00 - Surviving shareholders
23:50 - What else can you use the money in your corporate policy for?
TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us
FIND US ON:
INSTAGRAM: https://www.instagram.com/controlandcompound/
TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en
Get every episode summarized
Each time Control and Compound with Darren Mitchell publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Control and Compound with Darren Mitchell
50% Tariffs Are Here: Canada's Trade Deal Collapses, Now Canadians Pay the Price
Control and Compound with Darren Mitchell
Tax the Rich? Canada's Top Earners Already Pay More Than You Think
Control and Compound with Darren Mitchell
McDonald's Was Never Really a Burger Business
Control and Compound with Darren Mitchell
How Banks Use Your Money to Build Wealth... and How You Can Too
Control and Compound with Darren Mitchell