6 worked Corporate Continuance case studies — the position a client typically comes to us with, what we do, and what it is worth. Each is an illustrative example built on the rules that apply to corporate continuance work, not a specific client's file.
Case Study 1 · Planning that cut the bill
$37,500 Cut From The Annual Tax Bill — Reviving Corporation, Brampton
Client: A corporation reviving after administrative dissolution · Where: Brampton, Ontario · Engagement: 8 weeks, fixed fee
First-year saving$37,500
RepeatsAnnually
Filing positionUnchanged in risk
The situation — A corporation reviving after administrative dissolution, Brampton, Ontario
A corporation reviving after administrative dissolution in Brampton, Ontario was compliant but paying more than it needed to. The prior year had been filed correctly and still left a single class of common shares that made income splitting impossible on the table.
What we did for A corporation reviving after administrative dissolution, Brampton, Ontario
We modelled the current position against the alternatives before changing anything, then restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules.
The result — A corporation reviving after administrative dissolution, Brampton, Ontario
The change saved $37,500 in the first year and repeats annually. Nothing about the filings became more aggressive; the position is simply the one the rules already allowed.
Case Study 2 · Backlog brought current
7 Years Filed, $40,000 Removed From The Assessed Balance — Federally Incorporating Seller, Halifax
Client: An e-commerce seller incorporating federally · Where: Halifax, Nova Scotia · Engagement: 5 weeks, fixed fee
Years filed7
Assessed balance removed$40,000
CollectionsStopped
The situation — An e-commerce seller incorporating federally, Halifax, Nova Scotia
An e-commerce seller incorporating federally in Halifax, Nova Scotia had not filed for 7 years. The CRA had issued arbitrary assessments, and the business was carrying GST/HST collected for eight months before the RT account was ever opened on top of a growing interest balance.
What we did for An e-commerce seller incorporating federally, Halifax, Nova Scotia
We started with the oldest year and worked forward so each year's closing balances fed the next. We filed the change of registered office and the director changes, so registry correspondence reached someone who read it, filing the years in sequence rather than all at once.
The result — An e-commerce seller incorporating federally, Halifax, Nova Scotia
Every year is now filed and assessed on actual figures. The notional assessments were vacated and $40,000 of the estimated balance came off, with a payment arrangement covering the rest.
Case Study 3 · Cash and remittance control
$81,000 Of Working Capital Freed From The Tax Cycle — Extra-Provincial Registrant, Ottawa
Client: An owner registering extra-provincially in a second province · Where: Ottawa, Ontario · Engagement: 4 weeks, fixed fee
Working capital freed$81,000
On-time remittancesEvery period since
Forecast horizon13 weeks
The situation — An owner registering extra-provincially in a second province, Ottawa, Ontario
An owner registering extra-provincially in a second province in Ottawa, Ontario was profitable on paper and short of cash every month. A spouse added as a shareholder on the assumption dividends could simply be split between two returns explained most of the gap.
What we did for An owner registering extra-provincially in a second province, Ottawa, Ontario
We selected a year-end that put the balance-due date after the seasonal cash peak, then registered every program account the business actually needed and built a thirteen-week cash view so tax payments stopped competing with payroll for the same dollars.
The result — An owner registering extra-provincially in a second province, Ottawa, Ontario
$81,000 was released back into working capital. Remittances have been on time every period since, and the forecast shows the tax outflow before it lands.
Case Study 4 · Sale and succession
Share Sale Restructured, $615,000 Less Tax On Closing — Incorporating Contractor, Calgary
Client: A contractor incorporating for liability reasons · Where: Calgary, Alberta · Engagement: 10 weeks, fixed fee
Tax saved on closing$615,000
PriceAs agreed
Post-closing adjustmentsNone
The situation — A contractor incorporating for liability reasons, Calgary, Alberta
A contractor incorporating for liability reasons in Calgary, Alberta was preparing to sell. Due diligence surfaced no valuation on file to support the price the parties had agreed, which would have reduced the price or killed the deal outright.
What we did for A contractor incorporating for liability reasons, Calgary, Alberta
We cleaned up the historical file, tested each intended dividend recipient against the excluded-amount tests before any dividend was declared, and recorded which test was being relied on, and prepared the due-diligence package the buyer's advisers actually asked for.
The result — A contractor incorporating for liability reasons, Calgary, Alberta
The deal closed at the agreed price. $615,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 5 · Records and systems rebuilt
Month-End Close Cut From 8 Weeks To 5 Days — Provincially Incorporating Trades Business, Kelowna
Client: A trades business incorporating provincially · Where: Kelowna, British Columbia · Engagement: 8 weeks, fixed fee
Close time before8 weeks
Close time after5 days
Year-endReview, not rebuild
The situation — A trades business incorporating provincially, Kelowna, British Columbia
The accounting file at a trades business incorporating provincially in Kelowna, British Columbia was built on a registered office address left unchanged through two moves, so registry notices went to an empty unit. The year-end had taken 8 weeks each of the last three years.
What we did for A trades business incorporating provincially, Kelowna, British Columbia
We separated the corporate registry deadlines from the CRA deadlines on one calendar, with a named person responsible for each and moved the reconciliations into the monthly cycle, so the year-end stopped being a rebuild.
The result — A trades business incorporating provincially, Kelowna, British Columbia
The file reconciles. Month-end closes in 5 days instead of 8 weeks, and the year-end is a review rather than a reconstruction.
Case Study 6 · Missed incentive claimed
$32,500 Credit Claim Filed And Accepted Without Adjustment — Federal Registry Filer, Victoria
Client: A federal corporation filing its registry annual return · Where: Victoria, British Columbia · Engagement: 6 weeks, fixed fee
Claim value$32,500
AcceptedWithout adjustment
RepeatableAnnually
The situation — A federal corporation filing its registry annual return, Victoria, British Columbia
A federal corporation filing its registry annual return in Victoria, British Columbia assumed the credits did not apply to a business its size. A corporation dissolved administratively for missed annual returns while still operating meant they had applied all along.
What we did for A federal corporation filing its registry annual return, Victoria, British Columbia
We identified the qualifying activity, built the documentation to support it, and reconstructed the minute book with resolutions for each historical dividend and share transaction.
The result — A federal corporation filing its registry annual return, Victoria, British Columbia
$32,500 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.
Reviewed for the 2025 tax year by Udit Gupta, Founder and Tax Accountant. These case studies are illustrative worked examples composed from the CRA rules that apply to this type of work, not specific client files; figures are representative and outcomes depend on your own facts.
