Search - consideration

X transferred all of his shares of Opco to Holdco on a tax-deferred basis pursuant to subsection 85(1) and received special freeze shares as consideration therefor. ...

Given that the royalty interest qualifies as a Canadian resource property under subparagraph 66(15)(c)(v) of the Act, there seems little doubt that Company A has "acquired" a property in consideration for its payment to Company B. ...

Page 11- Disqualified Interest in a Certified Production In the fifth line, the words "after 1978 and" can be eliminated as this condition will not normally be a consideration for the taxpayers reading this revised bulletin. 6. ...

Farmout The hypothetical situation appears to be similar to a widespread farmout arrangement whereby a farmee, Partner 8, would acquire an interest in a farmor's, Partner A's, Canadian resource property and in consideration for such interest, Partner A would receive, inter alia, an interest in Partner B's depreciable property. ...

De la même façon, il semble bien qu'un dividende discrétionnaire qui serait disproportionné par rapport à l'apport véritable d'un actionnaire lié soit sujet à l'application de 56(2) surtout s'il est motivé par des considérations de fractionnement de revenu. 33.10 A.P.F.F. ... Nous vous offrons cependant les commentaires généraux suivants. a) En général, le montant des passifs assumés lors de l'acquisition, des actifs d'un fonds de commerce sera reflété dans le prix de transfert et fera partie de la considération payée. ... Il convient de noter qu'aucun montant ne peut être crédité en considération de l'achalandage personnel à une valeur quelconque car l'achalandage personnel ne constitue pas un actif transférable. ...

Answer In order for the so-called 60 day "clawback" rule to apply in the above situation, the following requirements must be adhered to: 1) the CEE must be incurred by Drillco within 60 days after the end of the calendar year (March 1, 1989); 2) the CEE must be an expense described in subparagraph 66.1(6)(a)(i), (ii.1) or (iii); 3) before the end of the 1988 calendar year, a flow-through share agreement providing for the flow-through of CEE was entered into between Drillco and a person, and the person paid the consideration for the flow-through shares in money before that time; 4) Drillco and the person must deal with each other at arm's length throughout the 60 days; and 5) Drillco renounces the CEE to the person in accordance with subsection 66(12.6) of the Act within 90 days after the end of the calendar year, i.e. by March 31, 1989. ... However, as this matter is presently under consideration by our Department, we are unable to comment further at this time. ...

Toutefois, lorsqu'il est raisonnable de considérer qu'un montant reçu d'une personne représente en partie la contrepartie de la prestation de services rendus, la Loi répute cette partie de la contrepartie comme ayant été payée en considération de la prestation de ces services (art. 68 de la Loi). ...

. $200,000 of the consideration re assuming the mortgage is allocated to the capital property with the remaining $100,000 allocated to the note created to accommodate the transaction. ...

If situations arise which do not fit within the examples listed in the guidelines, we will be pleased to receive your representations in that regard so that they may be given due consideration. ...

INTERPRÉTATIONS DEMANDÉES Vous nous demandez de confirmer, si notre compréhension est exacte, que les actions du capital-actions de la corporation "B" seront prises en considération à partir du moment de leur acquisition par la corporation "A" aux fins de déterminer si l'alinéa d) de la définition de l'expression "action admissiblè de petite entreprise" (la "définition") est applicable. ...