An effective tax strategy ensures you aren’t paying more tax than required, and allowing you to put more funds back into growing your business. Different tax strategies come into play, such as corporate re-structuring, executive’s remuneration, business succession planning, executives remuneration strategies, use of tax losses, amalgamation, and intercompany transactions and provincial, capital and payroll taxes. We review all facets of your business to minimize your tax exposure. We can help you with:
- Corporate set-up, including new incorporations, international investments and changes/upgrades
- Tax planning and re-structuring to minimize taxes
- Advice on the tax implications of proposed transactions
- Tax implications arising from business buying or selling
- International investment and corporate structuring
Canadian Corporate Tax Compliance
Canada’s continually changing legislative environment poses a significant tax compliance burden for businesses. We minimize risk by managing your tax issues, staying on top of legislative changes and informing you of potential impacts on your business. We can help you meet all of your tax compliance and reporting requirements, including:
- Preparation of tax and information returns, tax estimates and installments
- Advice on benefits of tax deferral and filing positions
- Preparation of Canada Revenue Agency ruling requests
- Audit defence and assistance with negotiations and correspondence with federal and provincial tax authorities
What Do We Offer?
Business Succession Planning
We assist with business succession plan by reviewing the personal tax position of the owners, the circumstances surrounding the company, and working closely with legal counsel to implement the plan.
Corporate Reorganizations
There are many reasons companies may need reorganize such as amalgamation to use the losses, creating holding companies for creditor-proofing, dividing the assets of a corporation among shareholders, estate freeze and more.
Purchase and Sale of a Business
Before purchasing a business, a tax evaluation is always required. Questions such as whether to purchase assets or shares, and how to structure financing typically arise. A due diligence review of past tax filings is a prudent and valuable step. We can quickly and efficiently provide this review for you with a summarized report of our findings.
Shareholder and Executive Remuneration
Different tax strategies apply for pulling money out of a business which can vary for shareholders and executives. An individual assessment with corporate tax planning is a Must for the right piece of advise.