6. Which of the following is one of the conditions n gamation to result in a tax free/deferred combination? a. One of the corporations must be a Canadian Corporation; b. Fifty percent of the assets and liabilities of the old corporation must become assets and liabilities of the new corporation. c. The two corporations must be in a similar line of business, d. All of the shareholders of the old corporations must become shareholders of the new corporation. 7. Quatro Co. owns 95%% of the shares of Cinco Co. (both (CPCs). Both companies have assets that have appreciated in value above their capital cost. if planned correctly, which of the following could result in tax-deferred corporate reorganization? a. Only an amalgamation b. Only a wind up C. Either an amalgamation of a wind-up d. Neither an amalgamation hor s wind up 8. ABC Co. is a Canadian controlled private corporation that acquired 100% of the shares of XYZ Co. in Year 1 for $50,000. New Co., an arm's length corporation, is now interested in purchasing ABC Co. s investment in XYZ Co. XYZ Co.'s shares are currently worth $400,000 and the retained earnings of the company are $100,000, To reduce the fair market value of the shares, XYZ Co. will pay a dividend of $350,000 to ABC Co. and ABC Co. will then sell the shares to New Co. for $50,000, XYZ Co.'s RDTOH balances are nil, Applying the anti avoidance rules of Subsection $5(2), what is the tax effect of the $350,000 amidend? a. Capital gain of $350,009 and tax-free dividend of $50,000 b. Capital gain of $250,000 and tax free dividend of $ 109,000 C. Tax free dividend of $250,000 and capital gain of 5so.000 c. Tax free dividend of $250,000 and capital gain of $100,080 9. Corporate reorganizations must. a. within a related group of between twoor more corporations c; between companies having two partnership . between companies having common ownership