Section 54: Transfer of trading stock with other assets or for inadequate

Income Tax Act · PART IV: CORPORATE TAXATION

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

54. Transfer of trading stock with other assets or for inadequate consideration Section 14 shall apply in all respects to a company as it applies to an individual. I5 – 44 (1) [Issue 9] Income Tax Act