17 June 2025 STEP Roundtable, Q.15

Policy Tabs

Summaries

Summary Under

where real estate is rolled out to a non-resident beneficiary under s. 107(2), the s. 116 certificate will be based on the property’s ACB

A resident trust deriving its value primarily from Canadian real estate transferred real estate on an s. 107(2) rollover basis to a non-resident...

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Summary Under

s. 116 certificate will be based on ACB of property rolled out to NR beneficiary under s. 107(2), even where s. 116(5.1) applied based on higher FMV

A resident trust deriving its value primarily from Canadian real estate transferred one of the properties on an s. 107(2) rollover basis to a...

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