An executive died possessed of shares of Wood Gundy which were subject to a buy-sell agreement which provided that all transfers of shares in Wood Gundy (generally to other employees of Wood Gundy) would occur at a formula price equal to 2/3 of the net asset value of Wood Gundy. The fair market value of his shares for purposes of the Succession Duty Act (B.C.) were equal to the formula price rather than a "notional price purchasers unable to purchase may be willing to pay" (p. 319).
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d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
332765
Extra import data
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"field_legacy_header": "<strong><em>West Estate v. Minister of Finance (B.C.)</em></strong>, [1976] CTC 313 (BCSC)",
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