Get Asset Declaration Form

Completing the Asset Declaration Form online is an essential step for new business owners to report the acquisition of business assets and associated taxes. This guide provides a clear and supportive walkthrough to help you navigate each section with confidence.

Follow the steps to successfully complete your Asset Declaration Form online.

1. Click ‘Get Form’ button to access the Asset Declaration Form and open it in the online editor.
2. Begin by filling in the seller's details, which include the seller's name, address, postal code, and Provincial Sales Tax number.
3. Next, provide the purchaser's information, including their name, address, postal code, and Provincial Sales Tax number.
4. Enter the effective date of the sale to document when the transaction occurred.
5. Indicate the purchase price according to the agreement. Carefully break down the purchase price into sections: land, buildings/leasehold improvements, furniture, machinery and equipment, computer hardware/software, vehicles, inventory, intangible assets, and any other specified items.
6. Total all the items listed and ensure that the sum reflects the correct purchase price.
7. Certify the declaration by providing the name and position of the authorized official, along with the date, contact phone number, and signature to validate the information.
8. After completing the form, review all entries for accuracy. You can save your changes, download a copy, print the form for your records, or share it as needed.

Take action now and complete your Asset Declaration Form online to ensure compliance with tax regulations.