Freezes and Re-Freezes – Beware of Inappropriate COVID-19 Tax Planning

covid tax planning - web

The COVID-19 economic downturn presents tax planning opportunities to business in light of depressed asset values and business losses. In particular, Estate Freezes and “Re-Freezes”, and using losses on portfolio investments are common strategies available to generate immediate cash flow and ...

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Capital Gains Stripping Redux – COVID implications

capital gains - web

Get ready to pay for it The latest parliamentary budget report [i] estimates a $252.1 Billion deficit in 2020-2021 while direct COVID support so far exceeds $150 Billion. We have touched upon this in past articles, and now it’s fairly acknowledged that taxes will likely be increasing to pay for ...

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