LRIP
Also written as low rate income pool.
Low Rate Income Pool. Tracks income taxed at the low rate in a non-CCPC. Must be paid out first as a non-eligible dividend.
- In the Handbook
- Low Rate Income Pool (LRIP)
- Related
- GRIP
Also written as low rate income pool.
Low Rate Income Pool. Tracks income taxed at the low rate in a non-CCPC. Must be paid out first as a non-eligible dividend.