This is my first year investing retained earnings in my corporation. Does anyone here fully understand the new rules? Assuming passive income will be under 50k, what is the most tax efficient way to invest retained earnings in the corporation now? Dividend paying equities and Distributions from income trusts, and how are they taxed? If the corp earns 50k in eligible dividends and the corp pays shareholder 50k in ineligible dividends does the rdtoh still apply?
Also can use some help on how to report these amounts on T2 when the time comes.