When an upstream loan to Canco from its wholly owned CFA is forgiven following a sale of the CFA, this will not qualify as a repayment of the loan for purposes of the upstream loan rules so that, at best, reserves will need to be claimed under s. 90(9) throughout the indefinite lifetime of Canco.
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d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
452510
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d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
452511
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