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In 2011,the Canadian Government Made Significant Changes to Its Treatment

Question 27

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In 2011,the Canadian government made significant changes to its treatment of income trusts.What was the principal reason for this action?


A) Trusts were becoming too large compared to corporations.
B) Trusts offered unfair tax advantages compared to corporations.
C) The government did not have adequate legislative power to manage the activities of income trusts.
D) Corporations were able to successfully influence government policymakers to bring about these changes.

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