• Entities providing and receiving the benefit

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    For a benefit to be treated as a deemed dividend, the benefit must be provided by the CFC to a shareholder or an associate of a shareholder.

    The benefit must be provided by either:

    • an unlisted country CFC, or
    • another entity under an arrangement with the CFC, where the CFC has transferred property or services in consideration for the benefit to:
      • the other entity, or
      • any other entity.
       

    These transfers of property or services are referred to as arrangement transfers.

    Last modified: 05 Dec 2006QC 17522