[Verse 1] When corporations earn their active income stream There's a special rate that helps achieve the dream Of integration where the tax burden's fair Whether earned by you or by your corporate share [Chorus] General rate reduction makes it right Lower corporate tax brings balance to light Integration theory keeps it fair and true Same total tax whether it's corp or you G-R-R for active business income Integration makes the system welcome [Verse 2] Small business rate is low to help you grow But when you hit the limit, rates will flow To general corporate rate minus the reduction This creates the perfect tax deduction [Chorus] General rate reduction makes it right Lower corporate tax brings balance to light Integration theory keeps it fair and true Same total tax whether it's corp or you G-R-R for active business income Integration makes the system welcome [Bridge] Personal tax on salary earned today Should equal corporate tax plus dividend pay That's the theory behind this careful design To keep the playing field aligned [Verse 3] Active business income gets the break Investment income, different rules they take The reduction only applies to what you earn From business activities, this you must learn [Chorus] General rate reduction makes it right Lower corporate tax brings balance to light Integration theory keeps it fair and true Same total tax whether it's corp or you G-R-R for active business income Integration makes the system welcome [Outro] Tax neutrality is the ultimate goal Integration theory plays the leading role General rate reduction paves the way For fair taxation every single day
← Capital Cost Allowance (CCA) Basics | RDTOH and Dividend Refund System →