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welcome to your guide to shareholder loans shareholders of a company can withdraw money from a corporation through various methods including salary dividends management fees and shareholder loans the intention of this guide is to provide a detailed description of a shareholder loan in simpler laymans terms lets get started [Music] what is a shareholder loan each option to withdraw money from a corporation has specific benefits and tax implications its important to understand each of these to determine if taking a shareholder loan is the right option for you the canadian income tax act lays out the guidelines for these shareholder loans shareholder loans allow shareholders to extract funds from a corporation with the intention that they will be paid back later this is a much different approach from the other withdrawal methods such as salary and dividend payments which do not require repayment who is eligible for a shareholder loan the following entities are eligible to withdraw mon