Common Commodity Tax Issues in Corporate Reorganizations |
 | When dealing with acquisitions, wind-ups and business reorganizations, there has been a tendency to mainly consider the income tax consequences giving very little, if any, consideration to the fact that certain aspects of the transaction may have other tax implications. Business reorganizations will rarely, if ever, be driven by sales tax considerations. However, decision makers must be aware of the relevant sales tax issues which could impact significantly on the anticipated economic returns or cause unexpected cash flow burdens. The focus of this session is on the Canadian sales taxes issues that are common to business reorganizations. The session includes a review of the relevant legislation, jurisprudence and administrative practices in each jurisdiction. The purpose of the session is to provide an update on the significant legislative and administrative changes that have transpired since the last session presented at the Symposium (1998). In addition, this session provides practical tips and traps to avoid during business reorganizations. |
2008 Commodity Tax Symposium, September 22-24, 2008, Ottawa, ON Audio synchronized to PowerPoint presentation: 50 slides, length 0:59:18 Technical Paper: 42 pages |
