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sw ontario | If it was held in Farm Corporation there is capital gains advantage of selling it (the shares) as a whole entitiy with land,machinery,inventory,ect. as then in Canada each shareholder/partner who is active farmer can get a tax free $1 million capital gains exemption where as if sold piece meal and then money distributed to shareholders it would be personal income and company taxed as no capital gains exemptions for corporations | |
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Collusion in the oil industry
