
What is a butterfly and how can you use it to help you?
[vc_row][vc_column][vc_column_text] How Butterfly Transactions Minimize Taxes When You Split Your Business If you’re a business owner looking to part ways with your partner or co-owner, a butterfly transaction can save both of you from serious tax consequences. A butterfly – also known as a corporate divorce – is a restructuring method that lets Canadian business...
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