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Alberta Section 85 Rollover Package for Assets

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Prepare a Section 85 Rollover Agreement (assets for shares) with this downloadable package of forms for Alberta corporations.

  • The vendor sells the assets to the purchaser in exchange for voting shares in the capital stock of the purchaser.
  • The purchase price for the assets will be equal to the fair market value of the assets at the effective date of the agreement.
  • The parties will file a joint election under s. 85 of the Income Tax Act (Canada).
  • The amounts will be adjusted accordingly if any taxing authority determines that the FMV is different from that determined by the agreement, retroactive to the effective date.
  • The package includes:
    • Asset Purchase Agreement,
    • Schedule of Assets with breakdown of elected amount limits and consideration received,
    • Promissory Note.
  • This legal form is available as a downloadable MS Word document.
  • Intended for use in the Province of Alberta, Canada.



Document Type: Microsoft Word
Last Updated: 17-January-2024
SKU: 9195
$14.99
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