[Verse 1] Sarah earns six figures while her husband Jim stays home Attribution rules lurk waiting when you shift what you own Spousal loans at prescribed rates, document every cent CRA's microscope examines where the money went [Chorus] Split and shift, but mind the drift Between what's real and what's a gift TOSI's teeth and kiddie tax bite Keep it legit to sleep at night Income flows where logic shows Substance over paper rows [Verse 2] Second-generation income slips through attribution's grasp Capital gains on gifted shares, finally in your clasp Prescribed rate loans at one percent, lock it in today Business income to your spouse, a cleaner, safer way [Chorus] Split and shift, but mind the drift Between what's real and what's a gift TOSI's teeth and kiddie tax bite Keep it legit to sleep at night Income flows where logic shows Substance over paper rows [Bridge] Pension splitting after sixty-five Family trusts keep wealth alive Salary to working kids who earn their keep Documentation files stacked three inches deep [Verse 3] Corporate structures multiply the brackets you can use Each family member owns their slice, but mind the CRA's reviews Reasonableness tests every dollar that you've shifted down Substance trumps the form you choose, or penalties will drown [Chorus] Split and shift, but mind the drift Between what's real and what's a gift TOSI's teeth and kiddie tax bite Keep it legit to sleep at night Income flows where logic shows Substance over paper rows [Outro] Plan with purpose, split with care Tax efficiency everywhere
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