Tax specialist in Thetford Mines

How is a company wound up without a tax surprise?

Closing a company is not only a legal formality: how the assets come out and how the sums reach the shareholders determines the tax that follows.

A planned wind-up and an improvised one can produce very different results for the same amounts.

The sums that leave a company on its closing are not all treated alike: paid-up capital, the tax accounts accumulated and the nature of the property disposed of determine what is taxable and in whose hands. The order of operations matters as much as the amounts.

Partenariat Fiscal analyzes the company’s situation and its shareholders’ in order to organize the closing consistently with their objectives.

A company to close in Thetford Mines? Better discussed before the final entries than during them.