You won't wait for a $ 201 tax refund from claiming the $ 600 annual total RRSP contribution on your tax return because reduced source deductions give you the tax savings immediately. (thestarphoenix.com)
Some parts are true but really you're the director of the corporation, you're responsible for HST, you're responsible for sourced deductions. (hoyes.com)
The key reason founders should bear in mind the difference is that companies have an obligation to collect and remit employee source deductions such as CPP, EI and income taxes from employee wages. (marsdd.com)