How to transfer assets to a business

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Written by: Raoul Padilla
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There are rules that govern transfer of assets to a business, and depending on the business structure you have, specific rules of transfer apply.

  • Business structure


  • Sole Proprietorship
    Transfer assets to the business at Fair Market Value (FMV), as required by Income Tax Act.
  • Partnership or Corporation
    May transfer the property at an elected amount different from the FMV, provided that certain conditions are met

We can help make moving assets to a business
a painless and cost effective process.

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