Post Mortem Pipeline Planning – Business Continuity

Tuesday, September 20th, 2016

Recently, a fellow blogger wrote about the benefit of post-mortem pipeline transactions to avoid double tax on disposition of certain assets. Briefly, a pipeline transaction is a form of transaction whereby the assets of a corporation are distributed to shareholders utilizing the high adjusted cost base resulting from the capital gains ...

Clearance certificates

Tuesday, September 13th, 2016

The Canada Revenue Agency made several interesting yet not surprising comments on corrective payments received by an estate. Where an executor receives a corrective GIS lump sum payment on behalf of the deceased's estate, the executor may elect to file an optional rights or things return in respect of the deceased. ...