Information About Kalfa Law Insights

Employment Considerations in Mergers and Acquisitions When considering an acquisition of a Canadian business, due diligence related to employment and labour matters is critical as there are various issues that can lead to considerable liability for the purchaser. The scope of liability depends on a … Read more »

PPSA – Know your Security Registration The Personal Property Security Act (Ontario) (“PPSA”) (the “Act”), offers a complete set of regulations to control creditors’ and debtors’ rights when personal property is used as collateral to secure debt payments. The Act’s application varies in each province … Read more »

On the Roll Again – Why a Section 85 Rollover is Recommended for Holding Companies Section 85 rollovers are a preferred method of transferring assets from one entity to another on a tax deferred basis. The most common use of this type of transaction is when rolling over the assets from a sole propri … Read more »

Starting a business without commercial space Securing commercial space is generally a prerequisite to operating a business. Zoning laws typically restrict setting up a commercial entity outside of a commercially zoned space. But the start-up costs involved with leasing commercial space can often fun … Read more »

Section 85 Rollovers Brief Summary Section 85 of the Income Tax Act (“ITA”) is an important tool in the tax arsenal of corporations. It can be used in many instances to defer taxation for certain transactions, especially complex corporate structures. Purpose of section 85 rollovers The main purpose … Read more »