Strathcona -- summary under Ss. 84(4.1)(a) and (b) distributions of proceeds
Summary Under
Tax Topics - Public Transactions - Spin-Offs & Distributions - Ss. 84(4.1)(a) and (b) distributions of proceedsStrathcona provided shareholders with a choice between receiving a PUC distribution or a taxable dividend
Overview
Strathcona intended to distribute $2.14 billion of the proceeds from the sale of its Montney assets. It determined that not all...