Resolved, that KAP lobby the Government of Canada to eliminate the policy of ‘deeming fair market value’ for non-arm’s length family farm succession transactions; and be it further
Resolved, that KAP lobby the Government of Canada to expand current family farm succession provisions that would include other kin relations where a family farm working relationship can be proven; and be it further
Resolved, that KAP lobby the Government of Canada to ensure the capital gains exemption be intended for retiring or succeeding family farms.
Update
KAP forwarded the resolution to CFA.
Links
Categories:
Education & Farm Succession
