"A report that meets the Chartered Business Valuation Institute’s standards will meet the CRA’s expectations."

In recent years, the importance of valuations for income tax reorganization has grown significantly, particularly after the passing of Bill C-208 as it relates to the taxation of intergenerational transfers of small business shares.  

Accurate valuations are critical in the realm of taxation, as they determine appropriate tax liabilities for businesses. With the understanding of appropriate fair market value, your tax specialist can best strategize the corporate structure. 

Due to the complexities involved in tax-related valuations, seeking professional expertise is essential. We possess in-depth knowledge of case laws and valuation methodologies, providing reliable and defensible valuation conclusions while protecting your assets from excessive taxation. Through meticulous valuations and well-documented processes, businesses can confidently navigate tax challenges and non-arms length transactions with clarity.

Our valuations serve as valuable additions to tax documentation, offering crucial support to tax advisors, especially in potential disputes with tax authorities. By conducting comprehensive and accurate valuations, we ensure businesses have robust evidence to substantiate their tax positions and decisions. Our reports adhere to relevant regulations, laying a strong foundation for any tax-related inquiries.

Although not a requirement to engage a Chartered Business Valuator, the Canada Revenue Agency (CRA's) official position is that "a report that meets the Chartered Business Valuation Institute's standards will meet CRA's expectation". Valuation reports prepared by a CBV is one of the most cost-effective way to safeguard your reorganization and estate plans. 

Over the years, we have successfully completed business valuations for tax reorganization and estate freeze strategies for over 100 clients. Our thorough analyses and accurate valuations helped clients optimize their tax positions. Remarkably, none of the clients that we assisted have encountered any issues with the CRA. This perfect track record speaks to the precision and compliance expertise we bring to tax-related valuations.