Tax

Berris Mangan knows the intricacies of tax matters. Our tax specialists are proactive and work with you on an ongoing basis to minimize your taxes and maximize your profits, so you can focus on the business operations.

Our team of tax experts specialize in the following areas:

Canadian Corporate Tax

All businesses are faced with the issue of operational taxes. How much you pay can be greatly influenced by your tax planning strategies. We recognize a number of potential tax planning opportunities that assist in increasing your bottom line while reducing your overall taxes. Whether your company needs advice on federal and provincial tax, employee and shareholder compensation, or financing structures, we can help.

We also provide specialized tax services in the scientific research and experimental development area. We work with you and your technical people to ensure your company is taking advantage of these lucrative tax incentives.

U.S. Tax & Cross Border Tax

Many Canadian companies and individuals are expanding their investments to the U.S., and many U.S. businesses and individuals are investing in Canada. Our tax specialists assist you in structuring your investment and minimizing tax liabilities . We can also assist you on Canadian and U.S. income tax compliance.

Mergers & Acquisitions Tax

Tax efficient acquisition or divestiture structuring can make the difference between a mediocre result and a successful one. Effective tax planning can also help you avoid complicated legal and regulatory tax issues. We have solid experience and expertise in business acquisitions and combinations, debt and equity investments, asset and share transactions and management buyouts.

Estate & Succession Planning

Estate and succession planning involves difficult decision-making and a number of technical tax issues. We understand both the poignant and technical tax issues.

The transfer of assets to the next generation can attract significant taxes if not well planned. For owner-managers, this can threaten the viability or continued family ownership of a business. We provide practical advice in such areas as owner-manager succession, debt and equity ownership, financial structuring, tax planning, wealth preservation and planning opportunities with wills.

Indirect Tax

It is important to your company’s future to take care of indirect tax matters, such as commodity tax, excise tax, provincial tax and custom tariffs. We help you minimize your indirect taxes and make sure these taxes are collected and remitted as required.

Personal Tax

We believe that all business owners should ensure their tax obligations are reduced. Our tax advisors specialize in both personal and corporate tax so that the tax positions are integrated and aligned. We provide tax planning and compliance services to ensure you meet your personal financial goals. Our tax specialists also provide advice to corporations and their employees regarding expatriate foreign assignments. These services include tax consulting and planning, expatriate cost optimization, tax equalization computations, and tax compliance.