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    Bill of Sale for Trust Assets | Canada


    Use this template to write up a Bill of Sale for business assets which will be held in trust to reduce taxes payable on the transaction.

    • The vendor will hold the assets in trust for the benefit of the purchaser.
    • The purchase price will be allocated between capital assets and goodwill.
    • The parties will file the necessary GST elections to treat the transaction as a wash.
    • The Bill of Sale also includes a promissory note which can be used if all or part of the purchase price is being paid over time.

    The Canada Bill of Sale for Assets in Trust is a downloadable digital template.

    Download Type: Microsoft Word
    Last Updated: 18-July-2018
    SKU: 3777