Legal News Report

Price Allocation Agreements in an Asset Sale

When entering into an asset purchase transaction, the vendor and purchaser may mutually agree on a reasonable allocation of the purchase price for the assets. Many clients are not aware of the most current Income Tax rules and case law which apply to price allocation agreements. Our Team's expertise enables its clients to obtain the maximum tax planning benefits from the purchase and sale of assets in a cost-effective manner. Howard Alpert, C.S., has been certified by the Law Society as a Specialist in Corporate and Commercial Law and as a Specialist in Taxation Law. To read our latest Legal Business Report on this topic, click here.

Additional Defences to Net Worth or Arbitrary Assessments

Alpert Law Firm are experts in obtaining cost-effective solutions in many difficult Net Worth or Arbitrary Assessments cases. There are several additional types of defences that we have successfully used to help our clients. To access Part 2 of our recent Legal Business Report which deals with these additional defences and discusses the leading and most recent cases in this area, click here.

In Cox v. The Queen, a precedent setting decision of the Tax Court of Canada, Howard Alpert, C.S. successfully defended a taxpayer against both an Assessment of Penalties and a Net Worth Assessment. To read a summary of this decision, click here.

Alpert Law Firm are the Tax Law Professionals, with over 40 years’ experience in winning leading cases and a reputation for getting excellent results for our clients. Howard Alpert, C.S. is certified by the Law Society as a Specialist in Taxation Law and as a Specialist in Corporate and Commercial Law. Our Team has a reputation for resolving tax disputes and for getting excellent results for our clients in a cost-effective manner. We have superior negotiation skills and achieve the most favourable resolution of disputes for our clients, whether through negotiating timely and reasonable settlements with the CRA or by vigorous representation in court. For more information on our Tax Litigation Services, click here.

Tailor Made Estate Administration Solutions

Administering an estate can be a challenging experience. Howard Alpert, C.S. is recognized as an expert in Estates and Trusts Law. Our team's expertise and personal attention will assist you in overcoming any difficulty, and ensure you can execute your responsibilities fully and with confidence.

Contact Howard Alpert, C.S. for a consultation at:halpert@alpertlawfirm.ca or call (416) 923-0809.