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    Canada Section 86 Rollover Agreement (Shares)


    Use this easy package of downloadable forms to facilitate a Section 86 asset rollover as part of a corporate reorganization of a Canadian company.

    This package contains the following documents in Microsoft Word format:

    1. Share Exchange Agreement pursuant to Section 86 of the Income Tax Act (Canada).
    2. Form of Subscription for the new shares being issued in exchange for the existing shares.
    3. Corporate resolutions to authorize the transaction.
    4. Schedule to Articles of Amendment setting out the terms and conditions to be attached to the classes of shares.

    This Section 86 Rollover Agreement for Shares is pursuant to Canadian tax laws and is intended for use solely within Canada.

    Download Type: Microsoft Word
    Last Updated: 15-April-2019
    SKU: 120
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    Canada Share Exchange Agreement (Reorganization)


    Issue new shares to shareholders in exchange for their existing shares with this downloadable template for Canadian corporations.

    • A share exchange of this nature is done as part of a corporate reorganization.
    • The parties to the Share Exchange Agreement are the corporation and all of the shareholders.
    • The shareholders agree to exchange their existing shares for new shares of a particular class following the reorganization.
    • The template also includes Directors and Shareholders Resolutions which are required to authorize the share exchanges.

    Download this Canada Share Exchange Agreement as part of your company's reorganization documentation.

    Ontario Section 85 Rollover Agreement (Assets for Preferred Shares)


    Exchange (roll over) certain assets for preferred shares in an Ontario company with this Section 85 Rollover Agreement (Assets for Preferred Shares).

    • The rollover is pursuant to Subsection 85(1) of the Income Tax Act (Canada).
    • The vendor shareholder sells the subject shares to a holding company in exchange for preferred shares in the capital stock of the holding company with a redemption amount equal to the purchase price.
    • The parties agree to file joint elections under Section 85(1) under the ITA and as required under the Ontario Corporations Tax Act.
    • The file includes a Section 116 Affidavit to be sworn by a corporate officer of the vendor, if applicable.
    The Ontario Section 85 Rollover Agreement (Assets for Preferred Shares) is available in MS Word format, and is fully editable to fit your specific circumstances.