9 June 2005 External T.I. 2004-0092001E5 F - Droits indivis dans les actions -- summary under Share

As the result of the winding up of a partnership that held shares of a small business corporation, one of the former partners has held undivided rights to the shares of the corporation for more than 24 months. Before indicating that the disposition of the undivided interest in the shares by this shareholder could qualify as a disposition of shares of a qualified small business corporation share, CRA stated:

[T]he term "share" used in the definition of "qualified small business corporation share" in subsection 110.6 includes an undivided interest in a share.

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d7 import status
Drupal 7 entity type
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Drupal 7 entity ID
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