The reason the taxable capital gain would be 100% is because the transaction is classified as a "Disposition of an interest in a partnership to a non-resident or tax-exempt entity". The tax advisors at my company specified that the capital gain would be taxable at 100%. And also reading on the CRA website (https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4037/capital-gains...), it seems the transaction indeed has to be taxed on 100% of it.
Would you advice me on how to report this. Thank you.
