Section 85 tax - Canada?


incorporated company last year. ran sole-proprietor 3 years prior. small business, equipment , automobile. no buildings or properties. need section 85 transfer? have done bookkeeping previoulsy , have familiarity tax. own books , taxes. however, section 85 seems unlcear. don't want pay accountant unecessary work, wouldn't know if needs done in situation

i incorporated company last year. ran sole-proprietor 3 years prior. small business, equipment , automobile. no buildings or properties. need section 85 transfer? have done bookkeeping previoulsy , have familiarity tax. own books , taxes. however, the...


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