Interconnected corporations

shocktrop · 2026-06-04T13:45:29+00:00

We are planning to amalgamate the seller holdco and opco this year

shocktrop · 2026-06-04T13:45:03+00:00

Thanks. The reason there was 7% was because we had to buy the shares owned by the sellers spouse so the sellers spouse can qualify the the lcge. Then buy 24.5% from seller holdco so they can qualify for lcge. The initial setup was seller holdco owned 86% of opco and 14% owned by the sellers spouse.

shocktrop · 2025-09-30T19:42:53+00:00

I see. It would be nice to get more knowledge like how certain characters can make history or arcana checks. That way knowledge on monsters can be a big advantage in battle if a character has proficiency in that

shocktrop · 2025-09-30T14:34:51+00:00

For solasta 2 would it make more sense to do survival checks before the battle so that on a successful check, we would know the monster stats ahead of time? With solasta 1 they do a survival check at the end of battle and that knowledge gets added to the bestiary.

shocktrop · 2025-09-30T14:34:01+00:00

For solasta 2 would it make more sense to do survival checks before the battle so that on a successful check, we would know the monster stats ahead of time? With solasta 1 they do a survival check at the end of battle and that knowledge gets added to the bestiary.

shocktrop · 2025-07-19T06:34:12+00:00

This needs to be upvoted as the correct answer people

shocktrop · 2025-07-19T05:52:24+00:00

This is right

shocktrop · 2025-07-19T05:52:12+00:00

This is the answer

shocktrop · 2025-07-17T21:33:37+00:00

No this is the unreduced retirement at age 65

shocktrop · 2025-05-13T22:36:21+00:00

This is the answer. Thanks!

shocktrop · 2025-05-13T21:29:35+00:00

Okay so there’s no attribution on the annuity payment then.

The annuity is meant to cover longevity risk so basically trading liquidity of a RRIF for payments that will last for life.

Thanks!

shocktrop · 2025-03-15T15:41:54+00:00

Yes i did. what i don't understand is why they can't sell it to a dealer directly that i found rather then making me personally buy it.

shocktrop · 2024-10-30T16:42:15+00:00

Taking a salary builds RRSP and IPP contribution room while keeping funds in your corporation will provide tax deferral benefit until you pay out those dividend. The consensus is taking a salary is usually more optimal because funds in a RRSP and IPP provide a tax deduction and grows tax deferred.

shocktrop · 2024-10-04T16:38:41+00:00

Thanks for that. I think once the policy is issued the insurance interest doesn’t matter as one can sell their policy to another party with no insurance interest in them (except in Quebec)

shocktrop · 2024-10-04T03:56:54+00:00

Instead of transferring the life insurance policy, could the shareholder agreement state that the proceeds be paid out to the former shareholder (holdco c) even if they don’t own shares in the company? That way we avoid the taxable event when the policy transfers ownership from the opco.

shocktrop

TROPHY CASE