Search results with tag "Share capital design"

SHARE CAPITAL DESIGN - Canadian Bar Association

PRICE ADJUSTMENT CLAUSES * CONSIDERATION RECEIVED FOR TRANSFERRED PROPERTY I. RELEVANT STATUTORY PROVISIONS The Income Tax Act (Canada)1 contains a number of rules that are designed to ensure that transactions between non-arm’s-length parties occur at fair market value.2 Paragraph 69(1)(a), for example, provides that where a taxpayer has acquired anything from a person …

  Design, Income, Capital, Shares, Income tax act, Share capital design