case 1-2, specify tax consequences, and whether tax planning objextuce was achieved for case 1 and case 2.

English (en) Question 2 (20 marks) Bob Best owned 100,000 shares of ABC Ltd., a publicly-traded Canadian corporation. These shares, including brokerage fees, were acquired at a cost of $600,000. Based on current trading values, these shares are now worth $900,000. The following four cases make different assumptions as to the identity of the purchaser, the circumstances of the sale, and the proceeds of disposition. In each case, assume that the purchaser immediately resold the shares for their fair market value of $900,000. Case 1: Bob Bese sold the shares to his brother for $200,000 to create a loss, since Bob Best had realized significant capital gains during the current year. Since his brother had no other source of income. Bob's brother would be taxed on the gain from the resale at the minimum federal rate. Case 2: Bob Beseis mother had ealized alla ise emount of capital gains during the current year. To help his mother. Bob es sold he shares her om.800.000. Bob's mother planned to use the loss on the mediante larte hende a ains. English (en) Question 2 (20 marks) Bob Best owned 100,000 shares of ABC Ltd., a publicly-traded Canadian corporation. These shares, including brokerage fees, were acquired at a cost of $600,000. Based on current trading values, these shares are now worth $900,000. The following four cases make different assumptions as to the identity of the purchaser, the circumstances of the sale, and the proceeds of disposition. In each case, assume that the purchaser immediately resold the shares for their fair market value of $900,000. Case 1: Bob Bese sold the shares to his brother for $200,000 to create a loss, since Bob Best had realized significant capital gains during the current year. Since his brother had no other source of income. Bob's brother would be taxed on the gain from the resale at the minimum federal rate. Case 2: Bob Beseis mother had ealized alla ise emount of capital gains during the current year. To help his mother. Bob es sold he shares her om.800.000. Bob's mother planned to use the loss on the mediante larte hende a ains