Use this easy template to prepare a Bill of Sale for assets which will be held in trust
, as part of the sale of a business in Canada.
- The vendor (seller) will hold the assets in trust for the benefit of the purchaser.
- The purchase price will be allocated between capital assets and goodwill.
- The parties will file the necessary GST elections to treat the transaction as a 'wash'.
- The Bill of Sale also includes a form of promissory note.
This Canada Bill of Sale for Assets to be Held in Trust
is a downloadable MS Word document, which is fully editable to meet your needs.