6 worked Quebec Incorporation 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 quebec incorporation work, not a specific client's file.
Case Study 1 · Cash and remittance control
Instalments Rebased, $100,000 Of Cash Returned To The Business — Provincially Incorporating Trades Business, London
Client: A trades business incorporating provincially · Where: London, Ontario · Engagement: 4 weeks, fixed fee
Cash returned$100,000
Instalment basisCurrent year
ReviewedQuarterly
The situation — A trades business incorporating provincially, London, Ontario
A trades business incorporating provincially in London, Ontario was paying instalments calculated on a prior year. That year 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 $100,000 of cash.
What we did for A trades business incorporating provincially, London, Ontario
We rebased the instalments on the current-year estimate rather than the prior-year default. Alongside that, 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.
The result — A trades business incorporating provincially, London, Ontario
$100,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 2 · Missed incentive claimed
Incentive Review Recovered $142,000 Across 6 Open Years — Pre-Investment Startup, Mississauga
Client: A startup preparing for its first investment round · Where: Mississauga, Ontario · Engagement: 11 weeks, fixed fee
Recovered$142,000
Open years claimed6
Ongoing trackingIn place
The situation — A startup preparing for its first investment round, Mississauga, Ontario
An incentive review at a startup preparing for its first investment round in Mississauga, Ontario started from a simple question: what has never been claimed? The answer ran to 6 years. It was driven by a single class of common shares that made income splitting impossible.
What we did for A startup preparing for its first investment round, Mississauga, Ontario
We opened the register of individuals with significant control and put its review on the same annual cycle as the corporate annual return. We documented eligibility to the standard a reviewer would apply rather than the standard a claim form requires.
The result — A startup preparing for its first investment round, Mississauga, Ontario
The credits produced $142,000 across the open years. The tracking now in place means the following year's claim is documented as the work happens rather than reconstructed afterwards.
Case Study 3 · Objection and relief
Notice Of Objection Allowed In Full, $104,000 Reversed — New Program Registrant, Moncton
Client: A corporation registering its CRA program accounts · Where: Moncton, New Brunswick · Engagement: 11 weeks, fixed fee
Amount reversed$104,000
ObjectionAllowed in full
Account balanceNil
The situation — A corporation registering its CRA program accounts, Moncton, New Brunswick
A corporation registering its CRA program accounts in Moncton, New Brunswick had been reassessed for $104,000. 15 days were left on the objection deadline. The reassessment rested on a spouse added as a shareholder on the assumption dividends could simply be split between two returns.
What we did for A corporation registering its CRA program accounts, Moncton, New Brunswick
We filed the objection inside the deadline with a complete submission rather than a placeholder. Alongside it, we reconstructed the minute book with resolutions for each historical dividend and share transaction.
The result — A corporation registering its CRA program accounts, Moncton, New Brunswick
The appeals officer allowed the objection in full. $104,000 was reversed and the account returned to a nil balance.
Case Study 4 · Planning that cut the bill
Remuneration Review Saved $41,000 Across Corporate And Personal Returns — Converting Partnership, Burnaby
Client: A partnership converting to a corporation · Where: Burnaby, British Columbia · Engagement: 8 weeks, fixed fee
Combined saving$41,000
ScopeCorporate + personal
Future yearsNo rework needed
The situation — A partnership converting to a corporation, Burnaby, British Columbia
Nothing was wrong at a partnership converting to a corporation in Burnaby, British Columbia. The filings were on time and accurate. What they were not was planned. A registered office address left unchanged through two moves, so registry notices went to an empty unit had never been reviewed.
What we did for A partnership converting to a corporation, Burnaby, British Columbia
We filed the change of registered office and the director changes, so registry correspondence reached someone who read it. We ran the numbers across both the corporate and personal returns, so the saving was real rather than deferred into someone else's hands.
The result — A partnership converting to a corporation, Burnaby, British Columbia
$41,000 came off the combined corporate and personal tax bill, and the structure holds for future years without further work.
Case Study 5 · Sale and succession
$285,000 Sheltered By The Lifetime Capital Gains Exemption — New Professional Corporation, Edmonton
Client: A professional forming a professional corporation · Where: Edmonton, Alberta · Engagement: 8 weeks, fixed fee
Gain sheltered$285,000
ClosingOn schedule
Share qualificationMet
The situation — A professional forming a professional corporation, Edmonton, Alberta
A professional forming a professional corporation in Edmonton, Alberta had an offer on the table and 13 months to close. The shares did not qualify for the capital gains exemption. Retained cash well above what the business needed to operate was part of the reason.
What we did for A professional forming a professional corporation, Edmonton, Alberta
We purified the corporation so the shares met the qualifying tests. We restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules. All of it was done well ahead of the closing date.
The result — A professional forming a professional corporation, Edmonton, Alberta
The sale closed on schedule with $285,000 sheltered by the lifetime capital gains exemption across the shareholders.
Case Study 6 · Deadline rescue
Filed On Time From A Standing Start, $51,000 Penalty Avoided — Reviving Corporation, Barrie
Client: A corporation reviving after administrative dissolution · Where: Barrie, Ontario · Engagement: 10 weeks, fixed fee
Penalty avoided$51,000
Turnaround10 weeks
FiledOn time
The situation — A corporation reviving after administrative dissolution, Barrie, Ontario
A corporation reviving after administrative dissolution in Barrie, Ontario came to us 10 weeks before its filing deadline. The file came with GST/HST collected for eight months before the RT account was ever opened. A late filing would have triggered a penalty of roughly $51,000 before interest.
What we did for A corporation reviving after administrative dissolution, Barrie, Ontario
We worked backwards from the deadline. We separated the corporate registry deadlines from the CRA deadlines on one calendar, with a named person responsible for each. We prioritised the items that actually gated the filing and deferred everything that did not.
The result — A corporation reviving after administrative dissolution, Barrie, Ontario
The return was filed on time and complete. The $51,000 penalty never arose, and the compliance calendar we set means the next deadline is scheduled rather than discovered.
Reviewed by Udit Gupta, Founder and Tax Accountant for the 2025 tax year. 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.
