--Apple-Mail-48D9567D-06CE-4E6A-92A7-EF9F55A503E4 Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable Here is our accountants best estimate. Tim Thomas Soins =C3=A0 Domicile / Home Care Assistance 514 907 5065 Begin forwarded message: > From: Kathy Kis > Date: January 22, 2021 at 9:20:22 PM EST > To: Tim Thomas > Subject: RE: Question >=20 > =EF=BB=BF > Hi Tim, > =20 > As at January 22, 2020, the federal taxes would be estimated at $189,00 an= d Quebec taxes would be estimated at $137,750. Total of $326,750. > =20 > On page 8 of the agreement it says =E2=80=9DFor the avoidance of doubt , n= et working capital shall not include any tax assets or tax liabilities=E2=80= =9D. On page 9 they define Tax as =E2=80=9CAny federal, state, provincial, l= ocal, or non US taxes, charges, fees, imposts, levies or other assessments b= y any governmental authority, including all income, gross income, gross rece= ipts, franchise, profits,=E2=80=9D etc > =20 > =20 > Kathryn Kis, CPA, CA > =E2=98=8E=EF=B8=8F (514) 484-7748 > =20 > =20 > From: Tim Thomas =20 > Sent: Friday, January 22, 2021 6:42 PM > To: Kathy Kis > Subject: Re: Question > =20 > We need an estimate now. Can I send you as of today? >=20 > Tim Thomas > Soins =C3=A0 Domicile / Home Care Assistance > 514 907 5065 >=20 >=20 > On Jan 22, 2021, at 6:34 PM, Kathy Kis wrote: >=20 > =EF=BB=BF > That=E2=80=99s strange because I don=E2=80=99t remember there being any pr= ovision in the agreement for the tax provision. Once they purchase the compa= ny=E2=80=99s shares, the profits belong to them and the taxes are their resp= onsibility. You should not be responsible for the tax return. Did they say w= hy they wanted a provision at that time? > =20 > But yes, I can do a calculation=E2=80=A6 I would need the balance sheet an= d income statement as at January 25th=E2=80=A6 so after Randi updates the bo= oks, she can send me the statements. > =20 > =20 > Kathryn Kis, CPA, CA > =E2=98=8E=EF=B8=8F (514) 484-7748 > =20 > =20 > From: Tim Thomas =20 > Sent: Friday, January 22, 2021 2:58 PM > To: Kathy Kis > Cc: Tim Thomas > Subject: Question > =20 > Hi Kathy, > =20 > I suspect you're involved in your regular Friday afternoon meeting. =20 > =20 > BDO is asking us to estimate our taxes payable on net income for this fisc= al ending Jan 25, 2021 (i.e. April 30, 2020 to Jan 25, 2021). Can you help u= s with the calculation? > =20 > We have not been making tax instalment payments so we are also wondering w= hat our exposure will be. > =20 > You can reach me anytime at 514 726 7647 > =20 > Thanks, > =20 > Tim Thomas > Home Care Assistance (Montr=C3=A9al) > Tel: 514.907.5065 > tthomas@homecareassistance.com | Homecareassistancemontreal.ca > =20 > =20 > =20 >=20 >=20 >=20 > =20 --Apple-Mail-48D9567D-06CE-4E6A-92A7-EF9F55A503E4 Content-Type: text/html; charset=utf-8 Content-Transfer-Encoding: quoted-printable Here is our accountants best estimate. Tim Thomas Soins =C3=A0 Domicile / Home Care