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    Section 85 Rollover Agreement (Oil and Gas Assets) | Canada

    $17.99

    Transfer oil and gas assets from an individual to a corporation with this Section 85 Rollover / Transfer of Assets Agreement for Canadians.

    • The assets are being transferred as a rollover under section 85(l) of the Income Tax Act (Canada).
    • The vendor and purchaser will jointly file an election with respect to the transaction.
    • In the event of an uncontested re-assessment by Canada Revenue Agency, the aggregate cost amount set out in the reassessment notice will constitute the cost amount of the assets.
    • This is a Canadian legal form. Downloadable and fully editable in MS Word format.
    Download Type: Microsoft Word
    Last Updated: 23-April-2021
    SKU: 630
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