Btax

Qualified farming or fishing property is property or property owned by the taxpayer, taxpayer's spouse, common-law partner, or children during the last 24 months and utilized for farming or fishing in Canada. A QSBC is a Canadian-controlled private corporation (CCPC) in which more than of the fair market value of its assets are principally used in an active business carried on primarily in Canada for a consecutive period of months. A small business corporation is defined as a CCPC in which more than of the fair market value of its assets are principally used in an active business on in Canada at the time of Qualified farming or fishing property i the taxpayer, taxpayer's spouse, com farming or fishing in Canada. A QSBC is a Canadian-controlled pri market value of its assets are princip. consecutive period of property or property owned by 90% 24 primarily eligible capital sale 50% real .ch more than PC) in which more than of the fair business carried on primarily in Canada for a children during the last 24 months and utilized for of the fair market * in Canada at the time of