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    Picture of Asset Transfer Agreement (Land for Shares) | Canada Picture of Asset Transfer Agreement (Land for Shares) | Canada

    Asset Transfer Agreement (Land for Shares) | Canada

    $11.99

    Make an exchange of land for shares under section 85 of the Income Tax Act (Canada) with this Asset Transfer Agreement.

    • The parties are both Canadian corporate entities.
    • The seller transfers the land to the buyer. In exchange the buyer assumes the mortgage on the land and issues shares of its capital to the seller.
    • The parties agree to jointly file an election under Section 85.
    • The Asset Transfer Agreement is part of an asset exchange (rollover) transaction.
    • This document complies with Canadian tax laws and is only for use in Canada.
    Download Type: Microsoft Word
    Last Updated: 07-November-2022
    SKU: 4119
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