RSM426H1 Lecture Notes - Lecture 5: Tax Avoidance

• School: UTSG
• Department: Rotman Commerce
• Course: RSM426H1
• Professor: Elisa Zuliani

Document Summary

Gene sekur lock and alarm ltd. (gsla) self-study notes. Objective: make sure valerie acquires a profitable business and has the possibility to take it to new level of profitability. Hook: purchase price of gsla shares paid by valerie. Requirement: prepare an assessment of the possible investment of buying gsla, first-time client engagement (understanding gsla, p(cid:396)epa(cid:396)e a d(cid:396)aft (cid:396)epo(cid:396)t fo(cid:396) a(cid:272)hel(cid:859)s (cid:396)e(cid:448)ie(cid:449) that add(cid:396)esses the att(cid:396)a(cid:272)ti(cid:448)e(cid:374)ess of the a(cid:272)(cid:395)uisitio(cid:374) of. Gene sekur wants to get the capital gains exemption by selling only shares of gsla. A friend of gene sekur, who does not have an accredited accounting designation self-employed a(cid:272)(cid:272)ou(cid:374)ta(cid:374)t, p(cid:396)epa(cid:396)ed gsla(cid:859)s f/s a(cid:374)d i(cid:374)(cid:272)o(cid:373)e ta(cid:454) (cid:396)etu(cid:396)(cid:374)s. Gsla offers its residential customers different payment plan options: monthly payment, /12=/month, prepaid monitoring option fee, for a one-year contract, for a two-year contract. Issue #4: other income of renting out premises. Independent sales representative expense per sign up for total of ,200.