,canada ,cu/oms                       #a
& ,rev5ue ,ag5cy

          ,9t]pret,n ,bullet9
    
,subject3,9come ,tax ,act--,capital
  ,prop]ty ,[n$ on ,decemb] #ca1 #aiga--
  ,actual ,co/ ( ,prop]ty ,[n$ 0a
  ,te/a;t>y ,tru/
,numb]3 ,,it-#acj
,date3 ,novemb] #bj1 #aigc
,ref];e3 ,subsec;n #bf7#c7 (! ,9come
  ,tax ,applic,n ,rules1 #aiga 7,,itar7

#a4 ,! actual co/ ( capital prop]ty is a
  det]m9ant ( 8co/0 9 ! m$ian rule
  -put,n "u subsec;n #bf7#c7 (! ,,itar4
  ,! ,de"p;t's view on ! det]m9,n (
  actual co/ 9 v>i\s situ,ns is express$
  9 ,9t]pret,n ,bullet9 ,,it-#ic dat$
  ,m>* #ab1 #aigc4
#b4 ,9t]pret,n ,bullet9 ,,it-#ic /ates 9
  p>agraph #d7b7 t ! actual co/ (a
  capital prop]ty acquir$ 0a taxpay]
  prior 6#aigb is                     #a
               ,,it-#acj             a#a
  7a7 ! fair m>ket value (! prop]ty on !
    date ( d1? (! dec1s$ ": ! prop]ty 0
    rcvd z an \t"r 2que/ or 9h]it.e1 or
  7b7 ! fair m>ket value (! prop]ty on !
    date ( xs actual deliv]y 0! tru/ee
    6! taxpay] ": ! prop]ty 0 rcvd 9
    satisfac;n (a capital 9t]e/ or "p
    "!(4
  
  ,! ,bullet9 h["e1 is sil5t z 6! actual
  co/ ( prop]ty acquir$ 0a tru/ e/abli%$
  pursuant 6a w : took e6ect prior
  6#aigb4
#c4 ,9 s* ev5t1 ": ! tru/ >ose at ! date
  (! te/ator's d1? &! prop]ty 0
  transf]r$ 6x \ (! e/ate dur+ or )9 a
  r1sona# "t af ! 8executor's ye>01 !
  ,de"p;t 3sid]s t ! actual co/ (!
  prop]ty 6! tru/ =! purpose ( subsec;n
  #bf7#c7 (! ,,itar is xs fair m>ket
  value at ! date (! te/ator's d1?4 ,?
  al applies ev5 if ! tru/ cr1t$ prior
  6#aigb 3/itutes1 af #aiga1 a sp\se
  tru/ z def9$ 9 p>agraph             #b
               ,,it-#acj             b#a
  #gj7#f77b7 or #ajd7#d77a7 (! ,act4
  ,":1 h["e ! tru/ hold+ ! prop]ty on
  ,decemb] #ca1 #aiga did n >ise at !
  date (! te/ator's d1?1 or ": ! prop]ty
  0 n transf]r$ 6! tru/ )9 a r1sona# "t
  af ! 8executor's ye>01 9 ! ,de"p;t's
  view ! actual co/ (! prop]ty =!
  purpose ( subsec;n #bf7#c7 (! ,,itar
  is xs fair m>ket value at ! "t ( xs
  actual transf] 6! tru/4













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