6 Provincial Incorporation Services tax and accounting engagements in full — what the client came to us with, what we did, and what it was worth. Each one is specific to provincial incorporation services work, not a general example.
Case Study 1 · Planning that cut the bill
$15,000 Saved By Correcting What Prior Filings Had Missed — Family Business Adding a, Toronto
Client: A family business adding a second class of shares · Where: Toronto, Ontario · Engagement: 4 weeks, fixed fee
Saving identified$15,000
RecurringYes
Positions documentedAll
The situation
A family business adding a second class of shares in Toronto, Ontario asked for a second opinion on provincial incorporation services after three years of rising tax. The review found dividends paid for three years with no directors’ resolutions behind them.
What we did
We built the comparison first — current structure against two alternatives — and then reconstructed the minute book with resolutions for each historical dividend and share transaction.
The result
First-year saving of $15,000, with the same benefit recurring. Every position taken is documented and supported in the file.
Case Study 2 · Objection and relief
Notice Of Objection Allowed In Full, $54,000 Reversed — Startup Preparing for Its, Red Deer
Client: A startup preparing for its first investment round · Where: Red Deer, Alberta · Engagement: 7 weeks, fixed fee
Amount reversed$54,000
ObjectionAllowed in full
Account balanceNil
The situation
A startup preparing for its first investment round in Red Deer, Alberta had been reassessed for $54,000 and had 22 days left on the objection deadline. The reassessment rested on a corporation dissolved administratively for missed annual returns while still operating.
What we did
We filed the objection inside the deadline with a complete submission rather than a placeholder, and restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules.
The result
The appeals officer allowed the objection in full. $54,000 was reversed and the account returned to a nil balance.
Case Study 3 · Missed incentive claimed
$110,000 In Credits Claimed That Prior Filings Had Missed — Contractor Incorporating for Liability, Surrey
Client: A contractor incorporating for liability reasons · Where: Surrey, British Columbia · Engagement: 4 weeks, fixed fee
Credits claimed$110,000
Years adjusted3
Review outcomeNo adjustment
The situation
A contractor incorporating for liability reasons in Surrey, British Columbia had been filing for 3 years without ever claiming the incentives its activity qualified for. Behind that sat dividends paid for three years with no directors’ resolutions behind them.
What we did
We tested each activity against the eligibility criteria rather than the description on the invoice, then revived the corporation, filed the outstanding annual returns, and set a compliance calendar covering both the corporate registry and the CRA.
The result
$110,000 in credits claimed, with the open prior years adjusted as well. The claim passed review without adjustment.
Case Study 4 · Cash and remittance control
Instalments Rebased, $14,000 Of Cash Returned To The Business — Corporation Reviving After Administrative, Calgary
Client: A corporation reviving after administrative dissolution · Where: Calgary, Alberta · Engagement: 8 weeks, fixed fee
Cash returned$14,000
Instalment basisCurrent year
ReviewedQuarterly
The situation
A corporation reviving after administrative dissolution in Calgary, Alberta was paying instalments calculated on a prior year that no longer reflected the business. A December 31 year-end chosen by default that put the balance due at the worst point in the cash cycle was tying up $14,000 of cash.
What we did
We rebased the instalments on the current-year estimate rather than the prior-year default, and selected a year-end that put the balance-due date after the seasonal cash peak, then registered every program account the business actually needed.
The result
$14,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 5 · Structure rebuilt
Corporate Structure Rebuilt For $51,000 Of Annual Savings — Consultant Incorporating After Two, Victoria
Client: A consultant incorporating after two years of self-employment · Where: Victoria, British Columbia · Engagement: 8 weeks, fixed fee
Saving per year$51,000
DocumentationComplete
Transfer basisRollover
The situation
The structure at a consultant incorporating after two years of self-employment in Victoria, British Columbia had been set up years earlier for a business that no longer existed, and GST/HST collected for eight months before the RT account was ever opened had become expensive.
What we did
We reconstructed the minute book with resolutions for each historical dividend and share transaction. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself.
The result
$51,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 6 · CRA review defended
$24,000 Proposed Adjustment Withdrawn In Full — Partnership Converting to a, Halifax
Client: A partnership converting to a corporation · Where: Halifax, Nova Scotia · Engagement: 11 weeks, fixed fee
Adjustment withdrawn$24,000
File closed in11 weeks
Penalties assessedNone
The situation
A partnership converting to a corporation in Halifax, Nova Scotia received a proposal letter opening a review of provincial incorporation services. The CRA had identified dividends paid for three years with no directors’ resolutions behind them and proposed an adjustment of $24,000, with 30 days to respond.
What we did
We treated the response as an evidence exercise rather than an argument. We restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules, then indexed every supporting document against the specific line the auditor had questioned.
The result
The proposed adjustment was withdrawn in full — all $24,000 of it. The file closed in 11 weeks with no change to the assessed amounts and no penalty.
Reviewed for the 2025 tax year by Udit Gupta, Certified Tax Accountant. Figures describe representative engagements of this type; outcomes depend on your own facts. Client names and identifying details are omitted for confidentiality.
