11.07.2015 Views

Exceptions from Subsection 55(2) - CCH Canadian

Exceptions from Subsection 55(2) - CCH Canadian

Exceptions from Subsection 55(2) - CCH Canadian

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Types of Butterflies — Split-up vs Spin-offBeforeA60%B40%DistributingCorp (DC)FMV $600FMV $400Opco 1 Opco 2• Shareholders A and B to implement a butterfly of Distributing Corporation(DC)• Either Spin-off or Split-up© 2010 KPMG International Cooperative (“KPMG International”). KPMG International provides no client services and is aSwiss entity with which the independent member firms of the KPMG network are affiliated 20

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!