Tax Reporting
Section 69 of the Income Tax Act requires valuations in certain non-arm's length transactions. It states that property being exchanged in non-arm's length transactions must be valued at their fair market value. Which is crucial for ensuring that transactions between related parties are priced appropriately for tax purposes.
Additionally, for estate and succession planning, valuation is critical in ensuring that you can determine the appropriate time and manner in which to sell your business.
Our advisors will perform and valuations for you to ensure that your property is valued appropriately so you can proceed with your transaction in accordance with the Income Tax Act.
Corporate Re-organizations
We offer guidance on the appropriate documentation required for corporate reorganization activities, such as shareholder buyouts. The proper filing of these forms is crucial for optimizing tax savings. Additionally, business valuations are typically necessary for effective tax planning.
We will work closely with you to ensure that the appropriate business valuations are performed to ensure full compliance with legal requirements.
Estate Planning
When you describe how to pass on your estate in your will, it is important to have a thorough understanding of the estate value that you are passing on.
Our business valuation service conducts a detailed valuation of your assets and investments to give you the clearest picture of your estate possible when you are planning your estate.
Employee Ownership Trust Facilitation
Choosing the right buyer for your business while achieving your objectives for its continuation can be challenging. Many business owners opt to sell their companies to their employees for this reason. Our business valuation service will provide you with the necessary insights to facilitate setting up an Employee Share Ownership Plan (ESOP) or similar structure.
We will assist in valuing your business to determine an appropriate sale price and assess the employee budget. To support the success of the ESOP, we will work with financial institutions to identify the best financing options that fit within your budget. We will collaborate closely with you and your employees to develop the optimal plan for your Employee Share Ownership Plan, ensuring alignment with Canadian financial regulations and best practices.
Appraisal Referrals
If your business makes extensive use of physical assets such as buildings or machinery, these assets add can significant value to your company. When performing a valuation, if the value of your physical assets is found to be a significant aspect of your company valuation and requires an appraiser, we can refer you. We have a robust network of trusted appraisers that we can contact if an asset appraisal is needed to complete your valuation.
We will inform you when an appraisal is needed and will ensure that you are kept up to date on the appraisal results.
Guideline Income Reports
All guideline income calculations in our business valuations services are conducted in accordance with the Federal Child Support Guidelines of the Income Tax Act.
Guideline income is the baseline revenue used to determine payments during family separations and ongoing payments for family support. The income you receive from all sources is taken into account including investments and any businesses owned. An accurate appraisal of your guideline income requires a thorough assessment of your finances.
Our analysts will perform a thorough assessment of your situation and calculate a guideline income that is tailored to your scenario. We will work closely with your legal team to ensure the guideline income they receive will facilitate fair support payments.
Shareholder Disputes
We provide business valuation services to legal professionals handling shareholder disputes. We will work with you to help determine what level of support is required.
We will provide a clear objective measure of the company finances, if required, and provide you with an Expert Report after performing a detailed financial analysis.
We will discuss our findings with you after the analysis is complete to assist you in the financial aspect of your legal proceedings.
Start Your Journey Today
If you require our business valuation services, please feel free to contact us
Our Associates
If you are looking to sell your business and would like a comprehensive business sales service to guide you through the process, consider contacting our Associates at Part 2 Group
