If a taxpayer owns shares of a corporation and passes away, he or she is deemed to have disposed of their shareholding at fair market value (“FMV”) unless a tax-free rollover is applied (e.g., rollover to a surviving spouse). The disposition of shares may cause a tax liability. In the…
INSURANCE TRACKING SHARES
By Steven FryecloseAuthor: Steven Frye
Name: Steven Frye
Email: Steven.Frye@bakertillywm.com
Site: https://www.bakertilly.ca/en/wm-toronto-ontario/
About: Baker Tilly WM LLP is a leading, independent audit, tax, and business advisory firm based in Vancouver and Toronto, serving clients across Canada. Drawing on well-trained teams across a variety of disciplines, we ensure the alignment of our professional’s skills and experience with client requirements, resulting in exceptional service and business outcomes.See Authors Posts (170) • September 21, 2021 • 0 Comments
Email: Steven.Frye@bakertillywm.com
Site: https://www.bakertilly.ca/en/wm-toronto-ontario/
About: Baker Tilly WM LLP is a leading, independent audit, tax, and business advisory firm based in Vancouver and Toronto, serving clients across Canada. Drawing on well-trained teams across a variety of disciplines, we ensure the alignment of our professional’s skills and experience with client requirements, resulting in exceptional service and business outcomes.See Authors Posts (170) • September 21, 2021 • 0 Comments