Salary vs Dividend Optimizer
salary_vs_dividendCompare total tax cost of extracting corporate income via salary, eligible dividends, or non-eligible dividends, factoring in CPP/EI, RRSP room, and integration imperfections.
Instructions
Compare the total tax cost of extracting corporate income as salary, eligible dividends, or non-eligible dividends. Accounts for CPP/EI, RRSP room, and integration imperfections.
Tool call template
Replace each placeholder with a value matching the input schema. Only required parameters are included; add optional parameters as needed.
{
"id": 1,
"jsonrpc": "2.0",
"method": "tools/call",
"params": {
"arguments": {
"corporate_income": "<corporate_income>"
},
"name": "salary_vs_dividend"
}
}Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| needs_rrsp_room | No | Does the shareholder want to maximize RRSP contribution room? | |
| corporate_income | Yes | Amount of corporate income to extract ($) | |
| needs_cpp_benefits | No | Does the shareholder want to build CPP pension benefits? | |
| other_personal_income | No | Other personal income besides this extraction ($) |