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Message: T2057 - Tax Election Form

Wopster, anyone? What is this election bit? I've examined the form and subsection 85(1) and this does not tell me much. A rollover is available, but what are the implications in this case? (CMM to WTG). I guess this will not affect shares in RRIFs or TFSPs. Is their a significant benefit available here such that we should explore this?

Tax rules are gobblededgook -- anyone know of a simplified explanation of this procedure on the web? Don't see anything on Stock Igloo.

O.F.

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