Appraisals have been required for:
- Practice transition
- And now:
Did you know that there have been recent changes to Professional Corporations in Alberta?
Under Bill 53, restrictions have been removed on ownership of shares in a Professional Corporation by any one other than the regulated Professional.
Non-voting shares can now be issued to:
- a regulated Professional
- spouse or common law
- Trust on behalf of a child under 18 years
These changes will allow for tax planning in terms of income splitting & Capital Gains, as well as distribution of dividends.
This is where I can be assistance to you. I would be pleased to meet with you and discuss specifics relating to your PC.