Corporate Taxation
At M. Yasin & Co we familiarize you with the different types of corporation from a tax point of view and potential corporate tax issues. All Canadian corporations are not created equal when it comes to taxation.
We have the expertise to address your corporate tax needs.
When you choose to structure your small business as a corporation in Canada, it's worth seeing if you can set it up as a Canadian-controlled private corporation because of the corporate tax advantage the Canadian-controlled private corporation enjoys. The biggest corporate tax advantage of being a Canadian –controlled private corporation is being eligible for the small business deduction. When tax times rolls around, the Canadian-controlled private corporation has definite advantages that you want to take advantage of.
Types of Corporations in Canada:
- Canadian Controlled Private Corporations
- Other Private Corporation
- Public Corporation
- Corporation controlled by a public corporation
Corporate Taxation Services
Compliance Services
Preparing corporate income tax and information returns, tax estimates and instalments
Filing tax elections
Accounting services for income taxes
Preparing T4s and T5s
Tax reporting for partnerships, joint ventures, commercial mutual funds and other business structures
Corresponding with the federal and provincial authorities on your behalf
Improving your internal tax processes
Corporate Tax Planning
Identifying tax opportunities in your business to minimize taxes
Reviewing the effectiveness of your business structures
Advising on the tax implications of proposed transactions
Reviewing shareholders’ agreements
