Lifetime Capital Gains Exemption in Canada
What is life time capital gain exemption? Common purification and crystallization strategies.
income tax planning
How to extract Surplus cash from Corporation without paying taxes?
Corporate reorganization technique that may allow you to take cash out of corporation without paying income taxes in Canada.
Canadian Taxpayers Selling U.S. Property
Many of Canadian taxpayers maintain a second home, a vacation property, or hold a U.S. real property interest for investment purposes. In 2020 and 2021, …
Professional Corporations & Income Taxes
Many professionals can now incorporate their practices as professional corporations as per the provincial legislation. Professional Corporations are now becoming a very common structure since …
Qualified Small Business Corporation Shares (QSBC)
QSBC allows its shareholders to claim Lifetime Capital Gain Exemption on the disposition of its shares.
CCPC Shares & Emigration
Deemed disposition and departure tax for the owner-managers of Canadian Corporations.
2020 – Year End Income Tax Planning – Individuals
The year 2020 is approaching an end! This is the time of the year when you should not forget important tax planning to best optimize …
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