Ontario Section 86 Rollover Agreement


Prepare a Section 86 Share Purchase (Rollover) Agreement with this easy-to-use template for Ontario companies, pursuant to Section 86 of the Income Tax Act (Canada).

  • The vendor shareholder sells the subject shares to a holding company in exchange for preference shares in the capital of the holding company.
  • The parties agree to file joint elections under Section 86 under the Income Tax Act and as required under the Ontario Corporations Tax Act.
  • The file also includes a Section 116 Affidavit Of Residency to be sworn by a corporate officer of the vendor, if applicable.

This Ontario Section 86 Rollover Agreement is available in MS Word format, and is fully editable to fit your specific circumstances.

Download Type: Microsoft Word
SKU: 4919
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Ontario Section 86 Rollover Resolutions (No Fixed Redemption Price)

This package contains the resolutions and corporate forms required for a reorganization of a corporation's share capital through a Section 86 Rollover with no fixed redemption price:

  1. Special Resolution with instructions for wording of the Articles of Amendment, with the redemption amount on the new preference shares to be set by the directors at the time of issue;
  2. Share Subscription form for the new shares;
  3. Corporate Resolutions accept.....