What are the normal tax consequences, at the time of transfer, for an individual who is transferring property to a spouse or common-law partner? In these circumstances, at what value will the transfer be deemed to take place? Is there an election that can be used to alter these results? If so, briefly describe the election.

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The Answer of What are the normal tax consequences, at the time of transfer, for an individual who is transferring property to a spouse or common-law partner? In these circumstances, at what value will the transfer be deemed to take place? Is there an election that can be used to alter these results? If so, briefly describe the election.

What Are the Normal Tax Consequences, at the Time of Transfer