2021 Ruling 2021-0911211R3 - Foreign Takeover -- summary under Payment & Receipt

CRA ruled on transactions which included the borrowing of money by a newly-formed non-resident corporation (Merger Sub1) from a Canadian affiliate (Opco) and its advance of such funds to a transfer agent for shareholders of a non-resident target (Target), pursuant to directions in an internal funding agreement.

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d7 import status
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d7 import status
Drupal 7 entity type
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Drupal 7 entity ID
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