What is the purpose of Corporate Asset Disposition Worksheet?

Jay Goodis -

The purpose of the Corporate Asset Disposition Worksheet is to determine the total corporate and personal taxes from disposing of a corporate capital asset, and distributing the net proceeds to the shareholder. 

This worksheet accommodates most situations, and allows for custom remuneration strategies. This worksheet also supports key elements such as recapture, terminal losses, GRIP, RDTOH, non-capital losses, net capital losses, and more.

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