Mrs. Beauchamp is one of several shareholders of Craigdon Ltd., a CCPC. She currently holds...
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Accounting
Mrs Beauchamp is one of several shareholders of Craigdon Ltd a CCPC She currently holds Class A common shares of the corporation with a total ACB of $ and a total PUC of $ On January of the current year, Craigdon Ltd redeems of Mrs Beauchamps shares for proceeds of redemption of $ Calculate the tax consequences for Mrs Beauchamp of this share redemption as per ITA
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