The Tax Shelter Worth Over $1 Million — But Only If Your Company Qualifies

Описание: Description:
There is a provision in federal tax law that can shelter over one million dollars in capital gains from tax when you sell your Alberta business — but only if your corporation qualifies. Most business owners have heard of it. Very few have taken the legal and structural steps to ensure they actually qualify for it.
In this episode, Alberta corporate lawyer Chad Graham breaks down the Lifetime Capital Gains Exemption (LCGE), the Qualified Small Business Corporation (QSBC) tests, and the corporate cleanup every seller needs to complete before approaching the market.
In this video:
✅ What the Lifetime Capital Gains Exemption is — and what it could mean for your after-tax proceeds
✅ The three QSBC qualification tests (and why accumulated cash kills so many deals)
✅ What "purification" means and why the clock starts earlier than you think
✅ The corporate records every Alberta company must have in order before a buyer's lawyer starts looking
✅ What your lawyer does vs. what your CPA does — and why you need both working together
⚠️ Important: the LCGE analysis is a tax matter. This episode gives you the legal and structural framework — always work with a qualified CPA on the tax analysis specific to your situation. The LCGE amount and inclusion rate are subject to federal policy changes; confirm current figures with your CPA before relying on any specific number.


🎯 The time to start your corporate cleanup is now — not when a buyer is at the table.
👉 Book a complimentary consultation with Chad Graham Law — chadgrahamlaw.com

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⚖️ Chad Graham Law | South Edmonton & Beaumont, Alberta
Corporate-commercial law | Business exits | Estate planning | Corporate reorganizations

This video is for general information purposes. It does not constitute legal or tax advice and does not create a solicitor-client relationship. For advice specific to your situation, contact a qualified Alberta lawyer and a qualified accountant.