S.85 Tax Exempt Transfer to a Corp.
Section 85 of the Income Tax Act is a commonly used provision that permits the tax exempt transfer of property to a corporation. This paper provides an overview of the application of the section covering key topics including the general rules of section 85, eligible property, consideration or “boot,” anti-abuse rules, requisite filings and other related provisions of the Act.
Download the full paper here: Section 85 Tax Exempt Transfer of Property to a Corporation
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