Sentences with phrase «disposed at the fair market value»

At this point, all the property under the surviving spouse's name is deemed to have disposed at the fair market value, triggering a capital gain.

Not exact matches

Except in the event of the optionee's death, if the shares are disposed of prior to the expiration of the statutory holding periods (a «Disqualifying Disposition»), generally, the amount by which the fair market value of the shares at the time of exercise exceeds the total exercise price will be ordinary income.

If the optionee disposes of the shares prior to the expiration of the above holding periods, then the optionee will recognize ordinary income in an amount generally measured as the difference between the exercise price and the lower of the fair market value of the shares at the exercise date or the sale price of the shares.

We will consider that you have disposed of the property for its fair market value (FMV) at the time of the contribution.

Your transaction is considered a transfer to a registered account and the assets will be deemed to have been disposed of (sold) at their fair market value.

At this point, all the property under the surviving spouse's name is deemed to be disposed of at the fair market value, triggering a capital gaiAt this point, all the property under the surviving spouse's name is deemed to be disposed of at the fair market value, triggering a capital gaiat the fair market value, triggering a capital gain.

For tax purposes, you will be considered to have disposed of the shares at the fair market value and you will have to report any capital gains (but you can't claim any capital loss).

Assuming she is not married (since if married the property can pass to her spouse tax free), when she passes away, she will be a deemed to have disposed of the real estate on the date of her passing at the fair market value («FMV») of the real estate on that day.

But, when Canadian residents die, they are deemed to dispose of all of their capital property at fair market value, unless the property transfers to a spouse or a spousal trust.