question archive Which of the following is an example of a Canadian controlled private corporation? a) A Canadian corporation in which 55 percent of the common shares are owned by Canadian residents and the remaining 45 percent of the common shares by non-residents
Which of the following is an example of a Canadian controlled private corporation? a) A Canadian corporation in which 55 percent of the common shares are owned by Canadian residents and the remaining 45 percent of the common shares by non-residents
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Which of the following is an example of a Canadian controlled private corporation? a)
A Canadian corporation in which 55 percent of the common shares are
owned by Canadian residents and the remaining 45 percent of the
common shares by non-residents. The shares are all privately held.
b)
A wholly-owned Canadian subsidiary of a public company.
c)
A Canadian corporation in which Mr. Adams and Mr. Peters each own 50
percent of the shares. Both Mr. Adams and Mr. Peters are Canadian
residents.
d)
Both A and C.
