Asset vs Share Sale Comparison
asset_vs_share_saleCompare the tax implications of selling a business as an asset sale versus a share sale to identify the optimal structure for buyers and sellers.
Instructions
Compare the tax implications of selling a business as an asset sale versus a share sale. Critical for both buyers and sellers.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| shares_acb | Yes | Adjusted cost base of shares (for share sale) ($) | |
| goodwill_value | Yes | Value attributed to goodwill ($) | |
| lcge_available | No | LCGE available to seller ($) | |
| total_sale_price | Yes | Total sale price ($) | |
| is_qsbc_qualified | No | Do shares qualify as QSBC shares? | |
| tangible_assets_fmv | Yes | FMV of tangible assets (equipment, inventory, etc.) ($) | |
| seller_marginal_rate | No | Seller's top marginal tax rate | |
| tangible_assets_tax_cost | Yes | Tax cost (UCC/ACB) of tangible assets ($) |