[Verse 1] When property moves to a corporation's door Section eighty-five opens up the floor Tax-deferred transfer, keep the basis the same Roll it over smooth, defer the capital gain Boot received in cash might trigger some tax But shares for assets keep you on track [Chorus] Eighty-five, eighty-six, eighty-seven, eighty-eight Corporate reorganizations, don't hesitate Roll it over, freeze it up, merge and wind it down Canadian tax law spinning all around Eighty-five, eighty-six, eighty-seven, eighty-eight Plan it right and seal your fate [Verse 2] Section eighty-six for share exchanges clean Estate freeze planning, best you've ever seen Convert your commons to preferred shares Lock in value while the next gen prepares Growth potential shifts to new class shares Estate freeze magic, handling future affairs [Chorus] Eighty-five, eighty-six, eighty-seven, eighty-eight Corporate reorganizations, don't hesitate Roll it over, freeze it up, merge and wind it down Canadian tax law spinning all around Eighty-five, eighty-six, eighty-seven, eighty-eight Plan it right and seal your fate [Verse 3] Eighty-seven brings amalgamation rules Two corporations become one, no tax tools Assets and liabilities transfer clean Continuity maintained in this legal scene Cost basis carries over, no deemed disposition Perfect merger with tax-free transition [Bridge] Eighty-eight winds up subsidiaries neat Parent takes assets, makes the structure complete Butterfly transactions split the company apart Section fifty-five rules must play their part Divisive reorgs need careful attention Anti-avoidance rules need your mention [Verse 4] Estate freezes lock your value in time While growth potential flows down the line Preferred shares hold your current worth Common shares give the next generation birth But watch for attribution and kiddie tax traps Careful planning fills all the gaps [Chorus] Eighty-five, eighty-six, eighty-seven, eighty-eight Corporate reorganizations, don't hesitate Roll it over, freeze it up, merge and wind it down Canadian tax law spinning all around Eighty-five, eighty-six, eighty-seven, eighty-eight Plan it right and seal your fate [Outro] From rollover to wind-up, the sections align Corporate restructuring, planned by design Tax-deferred transfers when you need them most Canadian corporate law from coast to coast
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