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Exceptions from Subsection 55(2) - CCH Canadian

Exceptions from Subsection 55(2) - CCH Canadian

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Spin-off Butterfly — Basics StepsNotes OffsetShareholder(s)100% 100%TransfereeDCAsset 1Asset 2• The notes are set off against each other and cancelled© 2010 KPMG International Cooperative (“KPMG International”). KPMG International provides no client services and is aSwiss entity with which the independent member firms of the KPMG network are affiliated 27

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