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Purifying the Corporation for a Tax-Free Exit

Purifying the Corporation for a Tax-Free Exit

Planning to sell your business? The Lifetime Capital Gains Exemption (LCGE) can shelter up to $1,275,000 of your capital gains from tax in 2026, but only if your company qualifies. Our latest blog breaks down the strict 50% and 90% active asset tests your corporation must pass in the 24 months leading up to a sale. Learn how to "purify" your corporation by removing excess cash and passive investments years before listing it on the market. Read the full article to secure your tax-free exit and keep more of…

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