Where there is an exchange of 100 common shares in the capital of a corporation for 100 "new" common shares in its capital, there could be considered to be no disposition of the old common shares (given that the share rights are identical), so that the s. 85(1) election is unavailable.
Topics and taglines
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
320805
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
345944
Extra import data
{
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"field_roundtable_subquestion": "17",
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"field_legacy_header": "2011 APFF Roundtable, Q. 17 2011-0412171C6 F [no disposition if \"new\" share rights identical]"
}
"field_editor_tags": [],
"field_roundtable_subquestion": "17",
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"field_legacy_header": "2011 APFF Roundtable, Q. 17 2011-0412171C6 F [no disposition if \"new\" share rights identical]"
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