As your corporation expands or undertakes new ventures, a number of provisions in the Income Tax Act will help facilitate this growth in your business. These provisions are complex and require the corporate reorganization services provided by a tax services specialist, to guide you through the restructuring process. We have an in-depth knowledge of this process and provide tax services in Vancouver to help you meet your corporate reorganization goals and minimize taxation.
Corporate reorganizations occur in many situations. Common examples include; your desire to protect the retained earnings of the operating business, a merger with a third-party-owned business, or a mature shareholder passing ownership to an adult child involved in the management of the business. The Income Tax Act has a number of provisions to assist in this process, so the business owners are not burdened financially. However, a great deal of planning and knowledge of corporate reorganization is required to leverage these provisions effectively. Mew and Company’s tax services and corporate reorganization services will address the following common tax issues and a number of others during the process:
- Tax loss utilization
- Key man insurance
- Capital dividend planning
- Family trusts
- Share structure and shareholding changes
- Share for share exchange
- Obtaining advanced tax rulings
