Tax FAQ in Quebec | Partenariat Fiscal
What happens during a first meeting with Partenariat Fiscal?
The initial meeting allows us to better understand your situation, your objectives, and the issues to be analyzed. Based on this information, we can determine the next steps and the appropriate type of tax support.
Do you work with other professionals representing your clients?
Yes. Depending on the case, we can collaborate with your accountant, lawyer, notary, financial advisor, or other professionals to ensure a consistent and coordinated approach.
What is post-mortem planning?
Post-mortem planning aims to analyze and implement certain tax strategies following the death of a shareholder or business owner in order to effectively manage the tax consequences that may arise.
Do you do estate planning?
Yes. We assist business leaders and owners in their succession planning to anticipate the tax consequences related to the transfer of their assets and business interests.
Do you offer real estate tax services?
Yes. Partenariat Fiscal can assist entrepreneurs and investors with various real estate tax issues, particularly during transactions, restructurings or planning involving buildings.
Is a management company relevant for my business?
It depends on your structure, your liquidity, your projects, and your objectives. A tax analysis can determine whether setting up a management company would be appropriate in your situation.
What is asset protection?
Asset protection aims to properly structure certain assets to better manage the risks associated with business activities. Possible strategies vary depending on each entrepreneur's situation.
Can you help me transfer my business to my children or to a successor?
Yes. Business transfers generally require careful planning. We can analyze your situation and develop a strategy that takes into account taxation, succession planning, and your long-term objectives.
Can you assist a company with a purchase or sale?
Yes. Partenariat Fiscal can intervene in the tax planning surrounding the purchase or sale of a business in order to analyze the different possible structures and their tax implications.
Why do tax planning?
Tax planning allows you to evaluate different options before making an important decision. The goal is to structure transactions and operations in a way that is consistent with the objectives of the company and its shareholders.
What is a corporate reorganization?
A corporate reorganization involves changing the legal or tax structure of a company to meet certain objectives, such as promoting growth, protecting assets, integrating a new shareholder, or preparing for a possible transaction.
What is the difference between an accountant and a tax specialist?
The accountant's role includes accounting, preparing financial statements, and ensuring tax compliance. The tax specialist possesses specialized expertise in taxation and focuses more on the analysis, planning, and implementation of complex tax strategies.
In what situations should one consult a tax specialist?
It may be relevant to consult a tax specialist during incorporation, corporate reorganization, business purchase or sale, succession planning, estate planning, or when an important decision may have tax consequences.
Does Partenariat Fiscal serve clients throughout Quebec?
Yes. Partenariat Fiscal supports clients throughout Quebec, including remotely when the situation allows.
Who are the services of Partenariat Fiscal intended for?
Our services are primarily aimed at entrepreneurs, managers, shareholders and business owners who wish to obtain strategic tax support tailored to their reality.