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Unformatted text preview: entity's business is exercised from within Canada * This common-law test is seldom applied due to the obvious difFculties of enforcement and the negative effects it would have on international trade with respect to Canadians carrying on business abroad * Rather, it seems to be used to combat tax avoidance schemes and usually does not affect normal international business or investment structures...
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This note was uploaded on 02/05/2012 for the course ACC 522 taught by Professor A.vena during the Spring '11 term at Ryerson.
- Spring '11