Box 129 - Tax deferred cooperative share

If you receive a patronage dividend from an agricultural cooperative in the form of tax deferred cooperative shares, there is no need to immediately include it in income. Tax may be deferred until the shares are disposed of (or deemed to be disposed of). The balance of the shares could then be carried forward and sheltered until an actual (or deemed) disposition.

If you have any questions about the amount shown on your T4A slip, contact the issuer of the slip.

Date modified:

2016-01-05