Whatever your objectives, Sorbara, Schumacher, McCann LLP can assist you in restructuring your business in
order to achieve the desired result in a manner that minimizes the tax implications of your reorganization.
We have considerable experience in corporate reorganizations and restructurings. We understand amalgamations,
mergers and other corporate reorganizations and we have a particular affinity for tax-structured reorganizations.
We are routinely involved in transactions utilizing the rollover provisions of the Income Tax Act and have worked
closely with virtually all of the Region's tax accountants.
Whether you are involved in a butterfly reorganization, share for share exchange, reallocation of assets, the movement
of corporations within jurisdictions, the winding-up of subsidiary corporations, or you are seeking to utilize a
capital gains exemption or eliminate inter-corporate debt, we can ensure that your restructuring transactions are
properly recorded so as to minimize the chances of an adverse income tax audit. In furtherance of succession plans, we
have utilized the provisions of the Income Tax Act to reorganize many closely-held corporations so as to freeze an
estate or prepare for the orderly passing of the torch to the next generation. We work closely with your tax and
financial advisors and have a keen appreciation of the tax implications of reorganizations and restructurings.
With almost 30 years of experience in corporate maneuverings, Sorbara, Schumacher, McCann LLP can assist you in
realizing your reorganization objectives in a competent, timely and cost-effective manner.