Jul 23
Change in use of property from capital to inventory or vice versa.

There are no immediate repercussions for the change in business use of property from capital to inventory. The differences arise upon sale of the real estate. There is no provision in the Income Tax Act which describes the circumstances in which gains from the sale of real estate are to be determined as being either […]

Testimonial

We greatly appreciate KWB's flexibility with scheduling appointments. Even during the busy tax season, they have graciously arranged meetings that accommodated our busy schedules.

Patricia Campbell, Louis Bugeaud