[Verse 1] Sarah owns a bakery worth three hundred grand Property and goodness built by her own hand Wants to incorporate but fears the taxman's bite Capital gains lurking in the corporate night Section eighty-five appears like morning dew Tax-deferred magic if she elects it through [Chorus] Roll it over, roll it over Keep the basis flowing down Elected amount becomes the bridge Between old owner and new crown ACB transfers, no immediate tax Section eighty-five keeps wealth intact [Verse 2] Fair market value sets the ceiling high But she can elect anywhere from ACB to sky Choose the sweet spot where no gain appears Defer the reckoning for future years Corporation takes her chosen base Shares received reflect that same embrace [Chorus] Roll it over, roll it over Keep the basis flowing down Elected amount becomes the bridge Between old owner and new crown ACB transfers, no immediate tax Section eighty-five keeps wealth intact [Verse 3] Boot received beyond the share consideration Triggers gain up to elected nomination Cash or debt that sweetens up the deal Makes some capital gain immediately real Non-share consideration breaks the shield Forces recognition of what boot revealed [Bridge] Active business assets qualify the best Passive investments face a tougher test Related person rules must be observed Connected parties get what they deserved Terminal losses vanish in the trade Depreciation recapture can't evade [Chorus] Roll it over, roll it over Keep the basis flowing down Elected amount becomes the bridge Between old owner and new crown ACB transfers, no immediate tax Section eighty-five keeps wealth intact [Outro] File the election by the deadline date Joint consent seals the corporate fate Rollover planning saves the tax today But basis follows in the corporate way
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