Published: January 11, 2022
Last Updated: October 21, 2022
Case issue
Rotfleisch & Samulovitch P.C. filed an informal-procedure Tax Court appeal on behalf of a client’s corporation.
Approach
During pre-trial settlement negotiations, Rotfleisch & Samulovitch P.C. convinced the Canada Revenue Agency to allow the small-business deduction under the associated-corporation exemption.
Result
Our client’s corporation avoided $43,700 in corporate income tax.
Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."
