In the course of considering the availability of the exception in s. 55(3)(a) for a spin-off, CRA stated (TaxInterpretations translation): "Respecting the issuance of shares on an incorporation…prior to the first issuance…the incorporator controls [the corporation] and consequently…he will be considered as being related to that corporation before the first issuance of shares." See summary under s. 55(3)(a).
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d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
314197
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
344420
Extra import data
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