Legal Advice On Taxation and Planning
Compliance burdens on the corporation are stringent and exhausting. We work with other tax advisors to implement tax plans. We base our thinking in this area on tax effectiveness, but also on estate preservation. A solid, conservative tax plan must ensure full knowledge and compliance with tax laws, but also proactively identify and implement proven tax efficient plans.
Just like personal taxes, businesses are allowed to take advantage of benefits afforded for policy reasons under the Income Tax Act. PMR Law understands the proper and lawful planning opportunities that are available for use. Serving clients throughout Alberta, our goal is to develop the best plan that gives our clients optimal results.
Addressing Key Tax Concerns
PMR Law advises on planning that ensures the orderly payment of the proper amount of tax payable while taking advantage of real opportunities that are available, such as lifetime capital gains exemptions and capital dividends.
Our firm knows exactly what concerns need to be addressed when analyzing a client’s business structure. We provide clear, researched evaluations on items such as:
- Maximizing capital gains
- Using trusts to own shares in corporations
- Transferring shares in reorganizations for planning purposes
- Moving earnings through dividends to holding companies
We leverage our knowledge of business and tax law to participate in planning strategies for our clients that minimize tax consequences.
Advocating Legal Strategies
PMR Law advocates for the tax positions of our clients. We participate in the development of tax effective plans. We also defend positions taken in tax objections, appeals to appeals officers, and appeals to the Tax Court of Canada.
We understand the need to develop a plan, and move it through to implementation. We implement tax planning instructions quickly and accurately, so that our clients can obtain their planning objectives. We combine our transitional and planning knowledge with our practical litigation experience to efficiently solve all issues faced by our clients in these transactions.
Schedule a Consultation with Our Lawyers
Contact Paul Jacobson, Q.C. at our office or Shaun T. MacIsaac, Q. C. of PMR Law in our Calgary office today at our office or by email at [email protected] or [email protected] and find out how we can help.