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Below, the word attached is described in s 15(2.1) to include person with whom the shareholder doesn‘t offer at arm‘s size with (which includes your partner). Think about the loan‘s interest-free part, you claim? Effectively, under s.80.4(2), the partner might have to range from the level of curiosity that might have usually been settled inside their income-tax (thus pay taxon it): once more, if your person is "attached" having an investor of the business (i. e, . which includes a partner) and gets financing from that business, then that person is going to be deemed to get received a taxable benefit (i.
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