Tax Selling A Business

23 August 2011




tax selling a business
How much are the taxes when selling a business, Example: $1,000,000?

how much taxes u pay depends on (a) the selling price for your business, (b) your cost for that business, (c) types of assets u are selling: shares, tangible assets like car, equipment, or intangible like goodwill.

if the selling price is below the original cost of an asset, there will be a loss, meaning no taxes to be paid from selling the business.

Save Capital Gains Tax When You Sell A Business (part 2)


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Selling Social Change Without Selling Out: Earned Income Strategies for Nonprofits


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From Canada’s best-selling real esate author, Don R. Campbell, and his team.From rental properties to business offices, more and more Canadians buying real estate are unwittingly setting themselves up for problems. Real estate investments and their corresponding tax policies are complicated–without knowing the tax rules, investors will see how quickly seemingly viable investments can become financial disasters. 81 Financial and Tax Tips for the Canadian Real Estate Investor offers practical advice on successfully navigating the tax implications of property ownership, including tips on a) deductions from income; b) preparing for an audit; and c) leveraging professional help. Filled with insights and Canadian-specific tips, there’s no other book like it on the market.

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