The Latest Income Tax Folio – S4-F7-C1: Amalgamations of Canadian Corporations

The CRA is replacing its interpretation bulletins with Income Tax Folios. This project will take several years. The latest chapter released by the CRA is on the amalgamation of Canadian corporations, which replaces and cancels Interpretation Bulletin IT-474 R2, Amalgamation of Canadian Corporations. This chapter was released on November 28, 2014 and there is a 3 month comment period during which the tax community can provide feedback on this chapter to the CRA. The comment period will end on February 28, 2015.

Prepared by: Kim Ho

Kim Ho received a B.A.(Honours) in economics from Queen’s University and a LL.B from the University of Victoria. While at the University of Victoria, he was awarded the 2008 Stikeman Elliot/Carswell National Tax Award, the British Columbia Superior Court Judges… more »