[Verse 1]
When families want to share the load
Income splitting starts the code
Prescribed rate loans at low cost lending
Spouse's investments are ascending
Attribution rules we must navigate
But valid business income's great
[Chorus]
Plan it smart, plan it right
Income splitting, loans at prescribed rate
Family trusts and estate freeze tight
LCGE, surplus strip, don't be late
Residency and treaties bright
Tax planning done with CPA might
[Verse 2]
Family trusts can hold and grow
Assets for the kids below
Estate freeze locks the current value
Future growth for heirs will have you
Crystallize that lifetime gain
Two-fifty thousand is the claim
[Chorus]
Plan it smart, plan it right
Income splitting, loans at prescribed rate
Family trusts and estate freeze tight
LCGE, surplus strip, don't be late
Residency and treaties bright
Tax planning done with CPA might
[Verse 3]
Holding companies structure wealth
Operating profits for tax health
Purification cleans the books
For capital gains the system looks
Surplus stripping pulls cash out
Safe income removes all doubt
[Bridge]
Cross the border, rules get complex
Residency tests come next
Treaty benefits reduce the rate
Foreign tax credits calculate
Transfer pricing arm's length way
Foreign affiliates at play
[Verse 4]
Tie-breaker rules when residence unclear
Tax treaties make the pathway clear
Controlled foreign affiliate rules
Active business income jewels
FAPI brings income back home
Wherever corporate profits roam
[Chorus]
Plan it smart, plan it right
Income splitting, loans at prescribed rate
Family trusts and estate freeze tight
LCGE, surplus strip, don't be late
Residency and treaties bright
Tax planning done with CPA might
[Outro]
From personal to corporate schemes
International planning dreams
Every structure serves its purpose
Tax efficiency at the surface
CPA knowledge guides the way
Optimizing tax we pay