Transfer of Shares for Land & Section 85 Election (Canada)
Price $15.00
Document Id : 4119
Use this template to prepare a Transfer of Shares for Land & Section 85 Election under S. 85 of the Income Tax Act (Canada).
- The parties are both Canadian corporations.
- The seller (Assignor) transfers land to a buyer (Assignee), and in exchange the Assignee assumes the mortgage on the land and issues shares of its capital to the Assignor.
- The parties agree to file a Section 85 election.
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Canada Transfer of Shares for Land & Section 85 Election form is fully editable to fit your specific circumstances.
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