Tax Planning Service
Capital Gains Exemption Planning
Keep More of What You've Earned
The Lifetime Capital Gains Exemption (LCGE) allows eligible Ontario business owners to shelter up to $1 million in gains from tax when selling a company. But qualification requires foresight and precision.
1
Why It Matters
The LCGE can mean hundreds of thousands in savings — but only if your company qualifies as a "Qualified Small Business Corporation."
2
How We Help
We ensure your structure meets the 24-month ownership and asset-use tests and "purify" your corporation if needed.
3
Results You Can Expect
- • Maximize post-sale wealth
- • Avoid last-minute disqualification
- • Combine with reorganizations for greater benefit
Takeaway
Early planning ensures your business qualifies for the LCGE, potentially saving hundreds of thousands in tax when you sell.
Past results are not indicative of future results and the outcome will vary according to the facts of individual cases.