Amendments to Bill C-208: Opportunities and new restrictions for intergenerational business transfers

By Ashley Kim
Published: 11/21/2023
amendments-to-bill-c-208-opportunities-and-new-restrictions-for-intergenerational-business-transfer
Photo credit: Edwin Tan/iStock/Getty Images

Before Bill C-208 came into effect on June 29, 2021, owners of a small business corporation, a family farm, or a fishing corporation were penalized when they sold or transferred shares to their child through a corporation owned or controlled by the child.

Amendments to Bill C-208: Opportunities and new restrictions for intergenerational business transfers


Rate this Entry

Was this entry helpful for you?


Current rating: 0 yes votes, 0 no votes