In an ITA 86(1)exchange of shares in a reorganization, the transferor cannot receive any non-share consideration.

Name: In an ITA 86(1)exchange of shares in a reorganization, the transferor cannot receive any non-share consideration.
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In an ITA 86(1) exchange, the transferor can receive a boot (non-share consideration) along with the new shares, but this may trigger a taxable event to the extent of the boot received.

In an ITA 86(1)exchange of Shares in a Reorganization, the Transferor