29 November 2016 CTF Roundtable Q. 15, 2016-0669731C6 - The New SBD provisions -- summary under Subsection 129(6)

In contrast to a problem in the July 29, 2016 draft legislation, under recently enacted s. 129(10), where an Opco earns all its income as active business income from arm’s length third parties and pays rents to an associated “Rentco,” an appropriate sharing of the $500,000 business limit between Opco and Rentco is permitted.