Statute
Section 268 — Excise Tax Act: Inter vivos trust
Text of the provision Official document
For the purposes of this Part, where a person settles property on an inter vivos trust, the person is deemed to have made and the trust is deemed to have received a supply by way of sale of the property; and the supply is deemed to have been made for consideration equal to the amount determined under the Income Tax Act to be the proceeds of disposition of the property.
Official source: laws-lois.justice.gc.ca
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