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Canada Exchange of Shares for Land & Section 85 Election - $17.49

Document Id : 4119

File Type : Microsoft Word

Use this template to prepare an Exchange 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.
This Canada Exchange of Shares for Land & Section 85 Election form is fully editable to fit your specific circumstances.

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