Business Tax Services
Complex changes to tax legislation have a direct impact on your business. We can assist in creating a business plan tailored to your growth, staff, physical and intangible resources. Effective management of business tax liabilities can provide an edge in achieving strategic financial goals, and is key to building a successful business.
Business Tax Services
Business Setup
Should your business be structured as a proprietorship, a partnership, a joint venture or a corporation? How should
the structure change as your business evolves? Whichever structure you choose, there are generally other questions to be answered, including partnership or share structures, and whether there would be tax or business benefits to using multiple legal entities rather than only one. We can advise you on the alternatives available to minimize taxes, protect your equity from business risks and create and maintain a structure to facilitate future business transactions. The right structure can provide a competitive edge, significant tax benefits or both.
We can setup a Legal Corporation for your Business in Province of British Columbia. Consult us first, if you decide to setup a BC Corporation.
Mergers, Acquisitions and Divestitures
Acquiring and divesting in companies has many complexities, including the need for tax planning. With the expertise in this area we can provide industry knowledge and valuable advice throughout the merger, acquisition and divestment process, ensuring a smooth and effective transition.
GST and Other Commodity Taxes
Virtually every business transaction has commodity tax implications. Commodity taxes include GST/HST, provincial sales taxes (PST), and excise taxes. With our expertise in this area we can provide early tax advice that protects your business from unexpected surprises by optimizing compliance systems, avoiding overpayments, and minimizing the impact of tax assessments.
Payroll and ROE
Non – compliance with your Provincial and Federal rules and regulations has serious consequences on your business. We provide a complete and timely solution to all you business payroll needs, including hiring guideline of new employees, issuance of ROE, T4 slips and other payroll related support services.
Tax Consulting
As your business grows, your tax needs change. We can offer strategies that help to minimize federal, provincial, and municipal taxes. This is essential advice for everyone from unincorporated owner-managed businesses to multinational enterprises. Effective tax advice and planning can give your business a competitive advantage.
Tax Compliance
Tax law is continually evolving. With our expertise in tax compliance, we can offer advice to improve corporate accounting systems, maximize tax deferrals, prepare tax and information returns, and manage relations with federal, provincial and municipal tax authorities.
Research and Development (R&D)
When your business is developing new products or processes, R&D tax credits can have a significant impact on profits. Our R&D experts can advise you on the best way to relate your R&D program to government policy in order to capture as many tax incentives as possible.
Intellectual Property Structuring
Intellectual property (IP), whether purchased, licensed, or externally licensed, is playing an increasingly important role among corporate assets. IP is not only subject to conventional capital gains and income taxation, but also to complex rules affecting deductions of R&D costs, depreciation, and amortization. Our IP expertise can provide detailed planning that can generate significant future savings and put you ahead of the competition.
