--0000000000008eb32b05df5e5c5b Content-Type: multipart/alternative; boundary="0000000000008eb32905df5e5c5a" --0000000000008eb32905df5e5c5a Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable We acquired all assets, whether on the balance sheet or not except for those specifically excluded. The GST tax receivable was not specifically excluded. Please let me know what you learn. On Thu, May 19, 2022 at 10:27 AM Hua Wu wrote: > Hi Kirk > I'm going to double check with Symthe LLP because I'm seeing two differen= t > opening balance sheets as of June 15, 2021. There's one in NS that we bas= ed > our opening balance on which does not have the $24K tax receivable, but w= e > also have the NTR prepared by Symthe for June 15 which has the tax > receivable. > > Thanks > Hua > > On Thu, May 19, 2022 at 8:14 AM Kirk Hayes wrote: > >> We purchased the entire balance sheet of this business, correct? Why >> wouldn't the tax overpayment be an asset that we purchased and keep? >> >> On Thu, May 19, 2022 at 8:46 AM Timothy Thomas wrote: >> >>> Adding @Kirk Hayes as he oversaw the acquisition. >>> >>> On Wed, May 18, 2022 at 4:33 PM Sara Rezamand >>> wrote: >>> >>>> Hi Hua, >>>> >>>> >>>> >>>> As Smyth completed the tax filing that was up to the point of >>>> acquisition, I would think you are correct, and the cheque should go t= o the >>>> previous owners. We were not involved in the acquisition calculations= or >>>> the subsequent filings of LHC, so I cannot comment on what was paid by= LHC >>>> and what was paid by the previous owner. >>>> >>>> >>>> >>>> I believe Smyth has sent you the final tax returns and perhaps that >>>> will shed light on who actually made this tax payment. >>>> >>>> >>>> >>>> Sorry I can=E2=80=99t be of more help. >>>> >>>> >>>> >>>> Warm regards, >>>> >>>> Sara >>>> >>>> >>>> >>>> [image: >>>> https://f.hubspotusercontent10.net/hubfs/6260361/signature%20images/Hu= manity-NoTagline.png] >>>> >>>> >>>> Sara Rezamand CPA, CGA (She, Her) >>>> >>>> Senior Accountant | *Humanity Financial Management Inc* >>>> >>>> >>>> >>>> *A:* 2232 Marine Drive, Suite #300 West Vancouver, BC V7C 1K4 >>>> >>>> *E:* sr@humanityfinancial.ca *W:* humanityfinancial.ca >>>> >>>> *D:* (604) 227-3075 *M:* (604) 926-8000 >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> >>>> Our office is located on the unceded, never surrendered, stolen, >>>> traditional and ancestral territories of the xwm=C9=99=CE=B8kw=C9=99y= =CC=93=C9=99m (Musqueam), >>>> Skwxwu=CC=817mesh (Squamish) and S=C9=99l=CC=93i=CC=81lw=C9=99ta=CA=94= /Selilwitulh (Tsleil-Waututh) >>>> Nations who have been stewards of these lands since time immemorial. = As an >>>> uninvited settler on this land, I recognize the responsibility I have = to >>>> actively participate in decolonizing practices that address Canada=E2= =80=99s >>>> colonial past and the ongoing subjugation of Indigenous people. We are >>>> privileged to work, live, and play here. >>>> >>>> >>>> >>>>