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Tax Interpretations
Canadian tax interpretations and transactional implications
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CRA finds that the FX loss denial rule in s. 261(21) cannot apply to an FX hedging contract between a Canco which has the Canadian dollar as its functional currency and its parent which uses another currency
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(Your name) has forwarded "CRA finds that the FX loss denial rule in s. 261(21) cannot apply to an FX hedging contract between a Canco which has the Canadian dollar as its functional currency and its parent which uses another currency" - Tax Interpretations
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