Kevin Kelly, Sona Dhawan, "Share Repurchase Programs", Canadian Tax Highlights, Vol. 26, No. 6, June 2018, p. 9

Summary Under
Tax Topics - Income Tax Act - Section 112 - Subsection 112(5.2)

Share repurchase programs under private agreements (SRPs) for shares eligible under a normal-course issuer bid (p. 9)

[I]n January 2018, six...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Summary Under
Tax Topics - Income Tax Act - Section 248 - Subsection 248(28)
reliance on exclusion of deemed dividend from proceeds of mark-to-market shares to generate artificial loss

An investment dealer holds a share of an issuer with a paid-up capital of $15, an original cost to it of $40 and a fair market value of $100. It...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.