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To: Hawkeye who wrote (2543)5/8/1998 4:12:00 PM
From: Ian Munro   of 5827
 
Take a look at the posting from Gord Wilson on the
"#1 Canadian Investment Resource Guide" thread, Reply #215
re Revenue Canada and US spin-offs.

The link Gord gave;
< http://www/rc/gc/ca/E/pub/tp/97187et/97187e.txt.html >
leads to Revenue Canada 97-187 Technical News - No.11
"U.S. SPIN-OFFS (DIVESTITURES) - DIVIDENDS IN KIND"

This is the other way around, (US Spin off), but can one be
sure that Revenue Canada will not find a way to trigger their
'pound of flesh' on a stock swap? What are the precedents?
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