Subsection 55(4)

See Also

H.T. Hoy Holdings Ltd. v. The Queen, 97 DTC 1180 (TCC)

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Administrative Policy

2018 Ruling 2018-0749491R3 - 55(3)(a) Reorganization

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) - Subparagraph 55(3)(a)(ii) spin-off of investment portfolio (but not rental property) by DC to 4 children’s respective TCs which father controls with special voting shares 524
Tax Topics - Income Tax Act - Section 186 - Subsection 186(1) - Paragraph 186(1)(b) circularity avoided through intervening TC year end 109

2017 Ruling 2016-0675881R3 - Paragraph 55(3)(a) Internal Reorganization

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) division of rental real estate company between holdcos for 2 children but with parents' holdco retaining voting control 529
Tax Topics - Income Tax Act - Section 85 - Subsection 85(1) - Paragraph 85(1)(e) UCC on s. 55(3)(a) spin-off prorated based on relative capital cost rather than FMV 160
Tax Topics - Income Tax Act - Section 186 - Subsection 186(1) - Paragraph 186(1)(b) where circular RDTOH calculation arises on spin-off transaction, it is for the TSOs to sort out which corporations should bear Part IV tax 241

14 August 2012 External T.I. 2012-0450041E5 F - subsection 55(4)

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Locations of other summaries Wordcount
Tax Topics - Income Tax Act - Section 55 - Subsection 55(3) - Paragraph 55(3)(a) - Subparagraph 55(3)(a)(ii) s. 55(3)(a)(ii) exclusion avoided by distributing shares out of unrelated-person trust 146

7 October 2011 Roundtable, 2011-0399401C6 - Butterfly, life insurance policies, grandfathering

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Articles

Michael N. Kandev, Abraham Leitner, "Through the Looking Glass: Dividing up a Family Business in a Canada-US Cross-Border Context", Selected US Developments, 2011 Canadian Tax Journal, Vol 59, No. 4, p. 899

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