Want to create an interactive transcript for this episode?
Podcast: Control and Compound with Darren Mitchell
Episode: The Hidden Trap That's Costing Business Owners Millions of Dollars
Description: Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL On today's episode, Darren and Christina are breaking down the OpCo trap! Most Canadian business owners are unknowingly making a massive mistake with their corporate cash — one that could cost them millions in unnecessary taxes and wipe out their eligibility for the lifetime capital gains exemption. They discuss the difference between an Operating Company (OpCo) and a Holding Company (HoldCo), why so many business owners are leaving too much cash inside their active company, and how that decision exposes th...