Impôts Ici — online tax advisory

Tax professionals who analyze decisions before they become costly

A tax return reports what has already happened. A tax professional often becomes involved earlier—before an incorporation, reorganization, sale, family transfer or decision that will change how income or a gain is taxed.

Impôts Ici assists individuals, entrepreneurs, shareholders and corporations remotely when they need to understand the tax consequences of a transaction. The engagement may be preventive, transactional, corrective or related to a disagreement with the Canada Revenue Agency or Revenu Québec.

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An important decision deserves analysis before it is signed

Planning, reorganization, transactions, succession, compliance and disputes

Tax professionals

Turn a tax question into a practical course of action

Starting a business, incorporation and ownership structure

Incorporation is not automatically beneficial for every activity. The analysis should compare expected income, the funds required personally, compliance costs, legal protection, growth plans and the possible arrival of partners or investors.

When a corporation already exists, a corporate and tax reorganization may introduce a holding company, move certain assets, change ownership or prepare a transaction. The steps must be coordinated with the legal documents and accounting entries.

Capital gains, business sales and succession

A business sale or significant asset disposition should be reviewed before the terms are finalized. The nature of the property, structure of the offer, relationship between the parties, price, deferred payments and the conditions of a possible capital gains deduction may change the after-tax result.

Succession planning may also involve an estate freeze, share transfer or trust. Our tax planning page explains why analysis before implementation usually preserves more options.

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Compensation, shareholders and corporate cash flows

Salary, dividends, expense reimbursements, shareholder advances and intercompany loans are not treated in the same way. The choice depends on cash flow, other income, contribution objectives, corporate tax balances and shareholder plans. Any recommendation must agree with the entries and documents actually produced.

Benefits conferred on shareholders and debit balances also require attention. A corporate withdrawal does not become a compliant loan merely because it is posted to an account. Its purpose, terms, repayments and the applicable tax rules must be reviewed.

Amalgamations, wind-ups, trusts and complex transactions

An amalgamation, wind-up or asset transfer can create several consequences at once: dispositions of property, continuity of tax attributes, sales taxes, tax accounts and filing obligations. The tax professional establishes the sequence and coordinates with the legal and accounting professionals who will implement it.

Trusts and family structures also require analysis of their objectives, beneficiaries, attribution rules, income taxation and annual compliance. They should not be implemented as generic solutions. For a file involving more than one country, use the international taxation hub.

Impôts Ici

Tax expertise without moving the file between offices

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20

Years of experience serving you

Prevent, structure or respond

Consult a tax professional at the right time

The best time is generally before a signature, transfer, departure, distribution or response to the authorities. Prepare the current structure, the parties involved, approximate values, deadlines and the commercial objective. This information helps distinguish a focused consultation from a full reorganization mandate.

When a tax authority has already contacted you, deadlines and evidence take priority. Review tax representation or tax dispute services, then send the essential dates and documents.

Why consult a tax professional?

In summary

Certified Tax Professionals – Montreal