Selling a business will trigger tax liabilities for the seller, and maybe the buyer. Capital gains tax is the main consideration for business owners, and so sellers will look for strategies to minimize and/or defer the payment.
Depending on the structure of the business and the terms of the sale, owners may be able to save or delay the taxes they must pay.
In this section we go over some of the most common tax issues that come up in the sale of a business.
Introduction & Overview
- 7 minute read
Tax Implications of Selling a Business
An introduction to the tax liabilities that arise from the sale of a business.
- 7 minute read
Tax Implications When Selling a Business in Canada
Selling a business in Canada? See how structure, LCGE, GST/HST s.167, and timing impact your tax bill, plus practical steps to plan with your accountant.
- 6 minute read
Capital Gains Taxes on the Sale of a Business
Capital gains are great, and represent the return on investment a business owner derives at sale time. Taxes are usually lower than typical income taxes as well.
- 4 minute read
Do You Need a CPA to Sell Your Business? Understanding the Role
Considering selling your business? Learn about the role of a CPA in valuation and the sale process and how their guidance can impact your success.
How Business and Deal Structures Affect Taxes
- 8 minute read
How Business Structure Affects Taxes When Selling Your Business
Sole proprietorships, partnerships, LLCs, and corporations all have their own tax considerations when selling. Here's an introduction to the differences.
- 5 minute read
Financing Options and Their Tax Implications
Depending on how much of the business sale price is paid up front, and several other financing options, taxes may be deferred or reduced.
- 5 minute read
Tax Implications for Seller Financing
Consider the tax implications for selling financing when selling or buying a business.
- 5 minute read
How Commercial Real Estate Is Taxed When Selling a Business
Learn about the tax implications of real estate in a business sale. Our guide shares how real estate is taxed when selling a business.
More on Taxes When Buying or Selling a Business
- 5 minute read
How is Goodwill Taxed When Selling a Business?
"Goodwill" is the difference between the sale price of a business, and the value of its assets. Here's how taxes come into play on this difference.
- 6 minute read
Tax Considerations When Buying a Business
Taxes are not only a concern for business sellers. Buyers may have to navigate some tax considerations as well.
