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An Act to amend the Income Tax Act (transfer of small business or family farm or fishing corporation) = Loi modifiant la Loi de l’impôt sur le revenu (transfert d’une petite entreprise ou d’une société...XB431-208/1-PDF

"This enactment amends the Income Tax Act in order to provide that, in the case of qualified small business corporation shares and shares of the capital stock of a family farm or fishing corporation, siblings are deemed not to be dealing at arm’s length and to be related, and that, under certain conditions, the transfer of those shares by a taxpayer to the taxpayer’s child or grandchild who is 18 years of age or older is to be excluded from the anti-avoidance rule of section 84.1"--Summary, page ii.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.884870&sl=0

Publication information
Department/Agency
  • Canada. Parliament. House of Commons.
TitleAn Act to amend the Income Tax Act (transfer of small business or family farm or fishing corporation) = Loi modifiant la Loi de l’impôt sur le revenu (transfert d’une petite entreprise ou d’une société agricole ou de pêche familiale).
Variant title
  • Loi modifiant la Loi de l’impôt sur le revenu (transfert d’une petite entreprise ou d’une société agricole ou de pêche familiale)
Series title
  • Bill C-... ; Bill C-208, 1st session, 43rd Parliament
Publication typeMonograph - View Master Record
LanguageBilingual-[English | French]
FormatDigital text
Electronic document
Parallel description[French]
Note(s)
  • "First reading, February 19, 2020."
  • "Mr. Maguire."
  • This bill has been reinstated in a subsequent session: 43rd Parliament, 2nd Session.
  • Issued also in HTML format.
  • Text in English and French.
Publishing information
  • [Ottawa] : House of Commons of Canada = Chambre des communes du Canada, 2020.
Description1 online resource (ii, 3 pages).
Catalogue number
  • XB431-208/1-PDF
Subject terms
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