@lexmutatio@pitdesi Capital gains are taxed at 50% so he's probably paying 27% tax rate on the deemed disposition. If he posts security then he may be able to defer it. You can't leave Canada and pay no taxes.
@lanMarroquin @FreeDrThug@PhantomStays Doesn't seem like the entrepreneur is leaving. CRA would definitely consider this to be a sham if they ever found out through a lifestyle audit.
My son. Im so proud. This is his 19th yr IN A ROW delivering gifts to the Neurosurgery floor at Texas Children's Hospital on Christmas Eve. Every bag represents a room he has lived in. He has survived 23 brain surgeries, he visits every family and delivers gifts, love & hope ♥️
@3Plantey2 It doesn't hurt to find out why and Q3 will likely be better than Q2. Insiders sometimes do dumb things. Just wanted to know if you were concerned about it.
@KairosPraxis@Skeptical1704 Dilution is their strategy to acquire assets that are accretive. Story isn't done yet. I would wait at least 1-2 years before concluding.
@3Plantey2@GoxhajShkelzen There are in the penalty box so they need new shareholders. Q1 doesn't seem that bad but it is all about generating cash flow to survive and organically grow.