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Published: September 3, 2020

The lifetime capital gains exemption is not available once a corporation has done an IPO and becomes listed on a stock exchange. A little known election is available if the shares were not sold prior to the IPO. Canadian tax lawyer David Rotfleisch discusses the election.


"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

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