13 January 2016 External T.I. 2015-0604521E5 - ACB increase in paragraph 55(3)(a) reorganization -- summary under Paragraph B(a)

Described steps included the holder of a "Newco note" (Holdco) transferring the Newco note to Newco (the debtor) as a capital contribution or share subscription. CRA did not comment on the debt forgiveness rules.

Topics and taglines
Topic
Income Tax Act - s. 80(1) - Forgiven Amount - Element B - s. B(a)
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
366798
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
366799
Extra import data
{
"field_editor_tags": [],
"field_roundtable_subquestion": "",
"field_stub": false,
"field_legacy_header": ""
}