What are the tax consequences if a parent sells property to a child at a price that

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What are the tax consequences if a parent sells property to a child at a price that is less than the actual value of the property? What difference would it make if the property were simply gifted to the child?

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Canadian Income Taxation Planning And Decision Making

ISBN: 9781259094330

17th Edition 2014-2015 Version

Authors: Joan Kitunen, William Buckwold

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Question Posted: Dec 19, 2015 04:16 AM

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What are the tax consequences if a parent sells property to a child at a price that

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The parent is deemed to have sold the property at its fair market value ITA 691b i even tho...View the full answer

Canadian Income Taxation Planning And Decision Making

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