Ep. 11 - How to transfer assets to a corporation tax-free

In this episode JP and Fab cover the ins and outs of transferring assets into a corporation tax-free. Specifically, they discuss an election in the income tax act found in section 85 (1), commonly known as a "rollover". The guys discuss the tax risks of transferring physical and intangible assets (such as a business, customer list, sole-proprietorship etc.) into a corporation, how that may be taxed, and how to avoid this tax by making certain elections.