TMI BlogAmalgamated Company Shares in Amalgamation Deemed Capital, Not Trade; Non-Taxable Transaction Confirmed.Taxability of shares issued by amalgamated comapny - the amalgamation is not an adventure in the nature of trade and that this transaction is clearly a capital account transaction - Not taxable - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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