Question: Any loans to shareholders do not cause tax problems to the shareholder if interest is charged on the loan and the loan is repaid within

Any loans to shareholders do not cause tax problems to the shareholder if interest is charged on the loan and the loan is repaid within a reasonable period of time. Discuss?

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When a shareholder receives a loan from a corporation its important to ensure that the transaction is conducted at arms length and follows certain gui... View full answer

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