Examples of Tax Election Package in a sentence
Thereafter, subject to the Tax Election Package being correct and complete and complying with the provisions of the ITA (or applicable provincial income or corporate tax Law), the relevant forms will be signed by Canco and returned to such persons within 90 days after the receipt thereof by the Depositary for filing with the CRA (or the applicable provincial taxing Agency).
If you would like to receive a Canadian Federal Tax Election Package or a combined Federal and Quebec Tax Election Package you must check the appropriate box in Block C, on page 2 of this form.
Accordingly, you should request the appropriate Tax Election Package if you would want to defer any part of the capital gain that could arise in these circumstances.
An Eligible Holder wishing to obtain a Tax Election Package from the Depositary should indicate same on the Letter of Acceptance and Transmittal accompanying the Offer in the space provided therein.
A Shareholder who completes the Tax Election Package and forwards such package to Stornoway will be considered to have represented to Stornoway that the Shareholder is an Eligible Holder.In order to make a Tax Election, a Shareholder may either obtain a Tax Election Package from the Depositary, or may obtain the election forms directly from the CRA and the relevant provincial tax authority.