Filing a Section 85 Election Form

Thank you for your interest in my webinar

What you'll get:

• Access to the video(s) for 6 months
• 2.25 hours of verifiable professional development
• A certificate of completion 
• Slides available for download (in Adobe, if you want them)
• Closed captioning (you can turn on or off)

Features

This webinar explains how to file a section 85 election form (T2057/T2058) and includes among other topics:

• How taxpayers and partnerships can transfer assets tax-free
• Administrative details such as due dates, penalties and amending election forms
• The tax consequences of not transacting at fair market value (FMV)
• Comprehensive income tax consequences (to both the seller and the buyer) of using section 85
• Section 84.1 anti-avoidance rules
• How to incorporate your business on a tax-free rollover basis, and
• How to crystalize your capital gains exemption.