Question
The following assets are to be transferred under section 85 for consideration including common shares plus boot as indicated below: FMV ACB UCC Boot received
The following assets are to be transferred under section 85 for consideration including common shares plus boot as indicated below:
FMV ACB UCC Boot received
Land 75,000 60,000 --- 70,000
Equipment 50,000 65,000 40,000 45,000
For each of the assets transferred, specify the elected amount and related tax consequences.
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Cost-Benefit Analysis Concepts and Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
5th edition
1108401295, 9781108415996, 1108415997, 978-1108401296
