Ep. 124 Structuring Your Farm for Succession: Corporations, Holdcos & Rollovers
Should your farm or ranch be incorporated? Where should land, quota and investments sit? And how does structure affect what your children can inherit?
Together with Bryan McNulty, LL.B., B.B.A, T.E.P., Winnie and Lacy bring you Part 1 of 6 of Keeping the Farm or Ranch Together.
How a Canadian farm or ranch is structured today shapes what's possible when it passes to the next generation. In this opening conversation, former tax lawyer Bryan McNulty explains why most larger operations use a corporation, for liability protection and the lower tax rate on active business income. He covers how…
The skinny
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