Ontario Section 85 Rollover Agreement (Assets for Preferred Shares)

$17.99

Exchange (roll over) certain assets for preferred shares in an Ontario company with this Section 85 Rollover Agreement (Assets for Preferred Shares).

  • The rollover is pursuant to Subsection 85(1) of the Income Tax Act (Canada).
  • The vendor shareholder sells the subject shares to a holding company in exchange for preferred shares in the capital stock of the holding company with a redemption amount equal to the purchase price.
  • The parties agree to file joint elections under Section 85(1) under the ITA and as required under the Ontario Corporations Tax Act.
  • The file includes a Section 116 Affidavit to be sworn by a corporate officer of the vendor, if applicable.
The Ontario Section 85 Rollover Agreement (Assets for Preferred Shares) is available in MS Word format, and is fully editable to fit your specific circumstances.
Download Type: Microsoft Word
SKU: 1075
Last Updated: 14-Apr-2016
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  • The vendor shareholder sells the subject shares to a holding company in exchange for preference shares in the capital of the holding company.
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Canada Section 86 Rollover Agreement (Shares)

Prepare a Section 86 Asset Rollover Agreement for a rollover of shares as part of a corporate reorganization, with this easy-to-use template for Canadian corporations.

This package contains the following documents:
  1. Share Exchange Agreement pursuant to Section 86 of the Income Tax Act (Canada).
  2. Corporate resolutions to authorize the transaction.
  3. Subscription form for the new shares.
This Canada Section 86 Rollover Ag.....
$17.99