Joint Committee, "Part D of Tax Planning Using Private Corporations – “Converting Income into Capital Gains” Proposals", 2 October 2017 Joint Committee Submission

Summary Under
Tax Topics - Income Tax Act - Section 84.1 - Subsection 84.1(2) - Paragraph 84.1(2)(a.1)

Effect of expanded rule on post-mortem transfers (pp. 8-14)

The expanded s. 84.1 rule produces a greater impediment to the transfer of family...

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Summary Under
Tax Topics - Income Tax Act - Section 246.1

Listing of issues under s. 246.1 (pp. 27-31)

It is unclear if, for example, there is receipt of, say, a promissory note, there is a deemed...

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