Intel

Only in specific structures. Section 88(1) permits a tax-deferred wind-up of a taxable Canadian corporation into its parent Canadian corporation, provided the parent owns at least 90% of the shares…

An estate freeze exchanges your existing common (growth) shares in an active corporation for fixed-value preferred shares at today’s FMV under a joint s. 85 or internal s. 86 rollover,…

A Holdco above your operating company gives you five core benefits: (1) creditor protection of accumulated after-tax retained earnings, (2) income-splitting flexibility (usually paired with a family trust), (3) multiplication…

Form T2057 (the joint s. 85(1) election) is due on or before the earliest income tax return filing due date of either party (transferor or transferee) for the tax year…

Use a Section 85 rollover under Income Tax Act s. 85(1) when you are transferring eligible property (real estate, depreciable property, inventory, eligible capital property, most shares) to a taxable…

RDTOH (Refundable Dividend Tax on Hand) is a notional tax account tracking refundable Part I or Part IV tax the corporation has paid; the CRA refunds $38.33 for every $100…

Dividends from a connected Canadian corporation are generally deductible in the recipient Holdco under Income Tax Act s. 112(1), producing no immediate income inclusion at the Holdco level. Part IV…

A passenger vehicle purchased for over $36,000 (before HST/QST) is Class 10.1, with a per-vehicle capital-cost cap of $36,000 for 2026 acquisitions and no recapture on disposal. Passenger vehicles at…