Selling shares or assets of a Canadian business? Provide the purchaser with this Affidavit of Residency of Vendor.
- The Affidavit is made under section 116 of the Income Tax Act (Canada).
- The Affidavit must be sworn by either the vendor (if an individual) or a corporate officer (if the shares being transferred are owned by a company).
- The vendor attests that it is not a non-resident of Canada, as that term is defined in the Income Tax Act.
This free Canada Affidavit of Residency of Vendor in Sale of Business is in MS Word format, and is easy to download, print and fill in.
Last Updated: 17-July-2018