Review Business for Creditor Proofing.
Purifying a corporation for the purposes of accessing the lifetimes capital gains deduction.
Splitting up a corporation’s assets when shareholders decide to go their separate ways.
Assist on Estate Planning.
Assess Corporation’s Losses.
Sometimes you create a corporation for one purpose, then it takes on additional roles beyond the initial purpose. Other times you create multiple corporations, without ever considering the best structure for those corporations.
There is no one size fits all response for a Corporate Reorganization. Your situation may require a Section 85 rollover to transfer an asset from one entity to another, a Section 86 Capital Reorganization (estate freeze) to help bring in new investors for nominal consideration, or butterfly transaction, or even a combination of all 3.
Regardless of what is needed, the process always starts the same, with a consultation with one of our trained lawyers to go over the current structure, and your goals. Sometimes what needs to be done is immediately apparent, and other times we develop long tax plans that carefully consider all your options.
Who is this For?
Here at Barrett Tax Law, we look at your current corporate structure, and help assist in deciding on the best way for the various businesses to be organized. If you have an idea for the way, you want your corporations to look, GREAT, we can also assist in helping you to implement the plan with the least taxes payable.
Sometimes you create a corporation for one purpose, then it takes on additional roles beyond the initial purpose. Other times you create multiple corporations, without ever considering the best structure for those corporations.
There is no one size fits all response for a Corporate Reorganization. Your situation may require a Section 85 rollover to transfer an asset from one entity to another, a Section 86 Capital Reorganization (estate freeze) to help bring in new investors for nominal consideration, or butterfly transaction, or even a combination of all 3.
Regardless of what is needed, the process always starts the same, with a consultation with one of our trained lawyers to go over the current structure, and your goals. Sometimes what needs to be done is immediately apparent, and other times we develop long tax plans that carefully consider all your options.
Who is this For?
Here at Barrett Tax Law, we look at your current corporate structure, and help assist in deciding on the best way for the various businesses to be organized. If you have an idea for the way, you want your corporations to look, GREAT, we can also assist in helping you to implement the plan with the least taxes payable.