IT140R3- Buy-sell agreements
NO: IT-140R3 DATE: APRIL 14, 1989 SUBJECT: INCOME TAX ACT Buy-sell agreements REFERENCE: Subsection 70(5) (also subsection 164(6) and paragraph 69(1)(b)) Application This bulletin replaces and cancels Interpretation Bulletin IT-140R2 dated December 29, 1980. Current revisions are designated by vertical lines. Summary Taxpayers who own similar interests in a business or property often make such a […]