IT-471R "Merger of Partnerships" under "Work in Progress"

The ACB of each partner's interest in a partnership immediately before a distribution of undivided interest pursuant to s. 98(3) will include the...

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Combined use of s. 98(3) wind-ups and s. 97(2) drop-downs to merge Cdn partnerships

1. The Act does not specifically provide for the merger or...

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Asssumed liabilities increase ACB of partnership interest

3. ... The adjusted cost base of each partner's interest in the partnership as referred...

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