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Yes, that is the case. Income splitting is reduced dramatically since 2018.

After reading this, it appears that this is the case where GAAR might be applied. https://cdn2.hubspot.net/hubfs/3838611/Primers/GAAR-primer-insights.pdf Canuck_in_uk, thanks for pointing in the right direction.

Basically, the main thing here is: I got a job proposal for a second part-time teaching job that already told me that I need to have a corporation as self-employed My main job pays around $60 per hour. After taxes, it goes down to around $41-42 per hour. The proposed job is only paying only $45...

Hello Everyone, I am about to start a brand new business and since this TOSI came up last year, I decided to structure it properly for income splitting with my wife. To give you a perspective Myself (husband): earn 100K+ from a separate income Wife: stay at home mom with kids with barely any...