I incorporated my sole proprietorship in December 2018.
1. Can I choose to report all the income and expenses in 2018 as my sole proprietorship income and start to report 2019 income as corporation income?
2. There are two assets in my proprietorship: a computer (transferred to corporation by purchase agreement)and vehicle(does not worth much, not transferred to corporation). Do I charge GST and PST on computer purchase agreement? When I dissolve my proprietorship, is my vehicle deem to be sold due to change of use and pay GST and PST on this deemed disposition ?
Thanks very much for your time to look at my questions.