Re: Collapsing Canadian Entities? PRIVILEGED AND CONFIDENTIAL

From
Michael Jichetti <michael.jichetti@thekey.com>
To
Tammi Franzese <tammi.franzese@thekey.com>
CC
Geraldine Nath <geraldine.nath@thekey.com>, Nina Kani <nkani@thekey.com>, Nina Kani <nkani@homecareassistance.com>, Natalie Cahoone <natalie.cahoone@thekey.com>, Timothy Thomas <tt@thekey.com>, Steve Koyanagi <skoyanagi@thekey.com>
Date
Tue, 26 Nov 2024 14:16:09 -0500
Folder
INBOX
--0000000000002c82760627d5af39 Content-Type: multipart/alternative; boundary="0000000000002c82760627d5af38" --0000000000002c82760627d5af38 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Yes I agree that Amalco will need a new tax and corporate number, that is what I was referring to. HCA does not need a new one and will keep the one already associated with them, not the subsidiaries as HCA already has a tax ID number. I understand as well. On Tue, Nov 26, 2024 at 2:05=E2=80=AFPM Tammi Franzese wrote: > Hi Michael, > > Thanks for your reply. I sent it to our attorney and he answered with the > following - > Thanks Tammi. Technically, AmalCo is an amalgamation of all subsidiaries > so all prior liabilities will continue. AmalCo will be issued a new tax a= nd > corporate number. However, HCA will have the option of selecting one of t= he > existing tax numbers of one of the subsidiaries. Your external accountant= s > will understand this and can assist. > > *Sincerely,* > > *Tammi Franzese* > Senior Corporate Paralegal | > *TheKey*tammi.franzese@thekey.com > 813.521.5269 > [image: TheKey] > > > On Tue, Nov 26, 2024 at 1:42=E2=80=AFPM Michael Jichetti michael.jichetti@thekey.com> wrote: > >> Hi >> >> Hope all is well. Also if you are creating a new entity we are most >> likely going to need a new tax ID number as well as a new BL number. Tha= nk >> you >> >> *Michael Jichetti* >> >> Head of Tax >> >> Email: Michael.Jichetti@thekey.com >> >> >> >> [image: TheKey] >> >> >> On Tue, Nov 26, 2024 at 1:37=E2=80=AFPM Geraldine Nath >> wrote: >> >>> Tammi: >>> >>> >>> >>> A meeting early next week to plan will be great. *I=E2=80=99ll be on p= oint to >>> work with all the finance teams to assess the impacts*. To your >>> questions: >>> >>> >>> >>> - None of the operating entities have commercial financing or other >>> loans. That said they do have amounts owed internally to/from each = other >>> as well as U.S. TheKey entities. We can handle collapsing this from= an >>> accounting perspective. Not sure if the attorney needs to know more= , let >>> me know. >>> >>> >>> >>> *gerri nath* >>> >>> Chief Accounting Officer, TheKey >>> >>> Mobile: 561-879-0132 >>> >>> >>> >>> >>> >>> *From:* Tammi Franzese >>> *Sent:* Tuesday, November 26, 2024 11:27 AM >>> *To:* Geraldine Nath ; Nina Kani >> nkani@thekey.com> >>> *Cc:* Nina Kani ; Michael Jichetti >> michael.jichetti@thekey.com>; Natalie Cahoone >> natalie.cahoone@thekey.com>; Timothy Thomas ; Steve >>> Koyanagi >>> *Subject:* Re: Collapsing Canadian Entities? PRIVILEGED AND CONFIDENTIA= L >>> >>> >>> >>> Hi Gerri, >>> >>> >>> >>> Here's the update - >>> >>> >>> >>> Outside counsel is targeting completion for 12/31/24. Some of the timin= g >>> depends on different provincial governments, but they think it's possib= le. >>> If he thinks it'll be delayed, our attorney will advise right away. >>> >>> >>> >>> @Nina Kani @Geraldine Nath >>> @Timothy Thomas Below are >>> some tasks

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