by import | Mar 27, 2014 | Blog, Corporate Insurance, Life Insurance, Tax Planning
In August the Department of Finance published their changes to the taxation of life insurance as previewed in March 2013 Federal Budget. When final legislation is passed later this year, these changes will result in an updating to the “exempt test” which determines...
by import | Dec 23, 2011 | Blog, Corporate Insurance
It is common business practice for a company to use corporate owned life insurance in several situations. This article will identify those situations and discuss appropriate amounts of coverage for each of them. SHAREHOLDERS’ AGREEMENTS – It is customary for a...