tax
Selling your Business – “Best Time to Draw up the Sale Documents”
In the financial planning world, it is often said that the best time to start saving is 10 years ago. The same can perhaps be said for when the best time is to draw up (or at least think about) the documents for the sale of your business. When reading through a draft sale of more...
Withholding tax – implications when the seller of immovable property is non-resident
You have decided to take the big step of buying a property, but before putting in an offer, you read the Agreement of Sale. One of the clauses is headed, “Withholding Tax”, or something similar and you wonder what it would mean to you? Briefly, Section 35A of the Income Tax Act, is a control more...