Spin Debt

  • Website: http://www.spindebt.com/
  • Size: 1-10 employees
  • Overview: Spin Debt is a unique tax planning strategy that offers a process for eligible business owners to convert their personal debt into business debt and benefit from tax-deductible interest. SPIN DEBT propels your cash flow to use the Interest Deductibility rules as designed by Canada Revenue Agency to help you save thousands of tax dollars by implementing an approved tax planning strategy "It has long been a principle of tax law that taxpayers may order their affairs so as to minimize the amount of tax payable" from Commissioners of Inland Revenue v. Duke of Westminster, [1936] Supreme Court of Canada Citation: Lipson v. Canada 2009: Paragraph 19

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