Rectification Is Not a Safety Net: A Post-Pyxis Reminder on Drafting Discipline and Due Diligence
August 5, 2025Rectification Is Not a Safety Net: A Post-Pyxis Reminder on Drafting Discipline and Due Diligence
Rectification Is Not a Safety Net: A Post-Pyxis Reminder on Drafting Discipline and Due Diligence
How to Calculate the New Capital Gains Tax on the Sale of Your Business Over the past few weeks, we’ve been inundated with calls and emails from our clients inquiring
Small Business Deductions and their Limitations How the SBD Works Small businesses are central to the Canadian economy, which is why Federal and Provincial taxation schemes offer favorable tax treatments
How Should You Finance Your Small Business – Debt or Equity? Often the fact that an influx of capital is needed is not a hard question to answer. It’s generally
What is a small business deduction and how does it apply to associated corporations? If you are a small business owner of a Canadian Controlled Private Corporation (CCPC), with less
Pay Less Tax on the Sale of your Business: Understanding the Impact of Allocations to Restrictive Covenants and the s.56(4) Election A restrictive covenant is essentially a commitment not to
Tax Deductions for Bad Debt Under Section 22 When selling a business, your assets may include accounts receivable that include bad debts, for which there is no expectation for recovery.
Tax Elections that Cancel GST/HST on the Sale of Assets Section 156(1) of the Excise Tax Act (Asset Purchase) – Form RC4616 In our last article, we looked at Election
Tax elections on the sale of a business: Avoiding GST/HST with the filing of Election 167 When selling the supplies of a business, there are certain tax elections that one
Benefits of a Holding Corporation What is the benefit of a holding corporation? Laying-in a holding corporation to your operating company structure presents significant tax benefits but also limits your
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