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Contribution in deferral of capital gains tax CGI 150-0 B ter. Contribution-transfer The capital gain on the contribution of company shares subject to IS to another company subject to IS benefits from a tax deferral: the tax on the capital gain is deferred to a later event. Some transactions end the deferral: the tax on the capital gain is due. Other transactions maintain the deferral. Finally, a transaction definitively erases the deferred capital gain. The deferral of capital gains tax may prove interesting, particularly for the young entrepreneur and active investor who carries out sales and purchases. This is called a contribution-transfer. It is unsuitable for the head of a company who is about to retire; from a tax point of view, it is preferable for him to sell. Suggesting that he contribute to a holding company, sell and reinvest part of the cash in venture capital transactions is nonsense. Compared to a simple sale, the tax on the transfer-contribution is higher; the risk too; and the liquidity much lower.