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Canada Transfer of Assets Agreement

Use this template to prepare a Transfer of Assets Agreement for Canada, to transfer certain oil and gas assets between an individual seller and a corporate purchaser.

The assets are transferred as a rollover under section 85(l) of the Income Tax Act (Canada). A rollover is one of the most common methods of achieving a tax-deferred reorganization of business or investment interests. The vendor realizes no gain or loss, and the purchaser takes over the vendor's tax cost of the assets.

This Canada Transfer of Assets Agreement is available in MS Word format. Fully editable to fit your needs.

Download: Canada Transfer of Assets Agreement

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Canadian Law Resources: (14-Apr-2018) E.&O.E.

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