This training material provides an example of a capital dividend election. These documents must be prepared and approved by the CRA before the payment of a capital dividend. The director’s resolution should be notarized by a Notary Public and have the director’s original signature (ink). The CDA verification request must be dated before the payable … Continue reading Capital Dividend Election
This training material covers Section 86 of the Income Tax Act. Section 86 is used in corporate reorganizations where shareholders exchange their shares in a company for new shares from that company. In this you will find: a) Case Study and b) Presentation Slides.