Support for Tax Reorganization
Are you considering transferring a business and want to minimize potential problems with tax authorities? Do you want to reduce the risk of a price readjustment clause not being applicable, if the situation were to arise? My expertise in business valuation for tax reorganization means I can properly advise you to minimize the potential problems associated with the value of a business.
In the case of a sale to a related party or of a business reorganization, tax authorities require that the transaction be carried out at fair market value. This value must be properly validated and documented in order for the price readjustment clause to be applicable.
Furthermore, in the case of a tax reorganization involving a related party, it may be advantageous to establish a fair market value to enable a fair and equitable transaction for all concerned.
The benefits of my tax reorganization support service
My services will be of the utmost benefit to you in any of the following situations:
While a price adjustment clause (PAC) is an insurance policy against the CRA discovering a discrepancy between FMV and the valuation assigned during a transaction, a proper valuation performed by a CBV in turn provides insurance against having to invoke the PAC in the first place.
Jean-Claude Desnoyers is a Fellow of the Order of Chartered Professional Accountants (FCPA, FCA), a Chartered Business Valuator (CBV), and a Certified Mediator. He is a Member of the Canadian Institute of Chartered Business Valuators (CICBV), the Ordre des comptables professionnels agréés du Québec (CPA), the Chartered Professional Accountants of Ontario (CPA) and the Institut de médiation et d’arbitrage du Québec (IMAQ). Since 1999, he has appraised over 1,000 SMEs. Perfectly bilingual, he serves clients in the language of their choice.
I practice Collaborative Family Law in Ottawa and recently had occasion to retain Jean-Claude Desnoyers to provide a value for a client’s business enterprise. As the matter was proceeding collaboratively, the retainer was made jointly by the spouses. JC’s report was timely, clear and detailed. After it was released the parties and counsel met with him to review it. JC’s approach was balanced and his explanations very helpful. Both spouses had confidence that his approach was objective and professional. I anticipate that his report and assistance will be instrumental in completing the settlement for these parties. On the basis of this experience I would not hesitate to recommend Jean-Claude as a business valuator.
Over the past 10 years, Mr. Jean-Claude Desnoyers has performed numerous evaluations for my clients for the purposes of reorganizations, share sales, etc. He is an experienced, dedicated professional who, besides being competent and knowledgeable, always completes the job within the time frame requested and at very reasonable prices for the services offered. He is independent, objective, very easy going and always approachable. He is a pleasure to deal with and I highly recommend him if you are looking for a reliable first rate Business Appraiser.
I have had an ongoing professional relationship with J.C. for over a decade. Throughout that time I have engaged J.C. as an expert Chartered Business Valuator in Family Law proceedings. I have consistently been impressed with the quality of J.C.’s work, and the focus that he brings to valuation issues. I have also been impressed with the high standard of service that J.C. has always provided me, including his responsiveness to my enquiries and the timeliness with which he delivers his work. He brings clarity to an area that is often difficult to navigate, and he has been indispensable to resolution of many matters. I recommend J.C. Desnoyers without reservation or hesitation.
I have had an ongoing professional relationship with Mr. Desnoyers for many years. Throughout that time I have engaged Mr. Desnoyers as an expert Chartered Business Valuator in several Family Law proceedings. I have always appreciated Mr. Desnoyers’ quick turnaround and the fact that it is quite easy to communicate with him. My experience has been that he responds promptly to emails, phone calls and client’s requests. His reports are thorough and are delivers on time. Moreover, he will not hesitate to discuss the substance of his reports with the lawyer and explain difficult issues in an easy manner. I have no hesitation in recommending Mr. Desnoyers as a competent Chartered Business Valuator.