When the assets of a Canadian controlled private corporation are sold, the following assets will usually be involved in the sale:
• Accounts Receivable
• Inventory
• Depreciable Assets
• Goodwill
Briefly describe the tax implications resulting from the sale of each of the preceding types of assets to the selling company.

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The Answer of When the assets of a Canadian controlled private corporation are sold, the following assets will usually be involved in the sale:
• Accounts Receivable
• Inventory
• Depreciable Assets
• Goodwill
Briefly describe the tax implications resulting from the sale of each of the preceding types of assets to the selling company.

When the Assets of a Canadian Controlled Private Corporation Are