Canadian GAAR ruling

1. Find a recent example of a Canadian GAAR ruling.

2. Summarize the case using the definitions provided under ITA section 245, the GAAR application logic in textbook, and/or other reputable sources (e.g., tax court rulings, common law, business ethics theories etc.).

3. State your position in support or against the ruling with supporting reasoning. Be sure to reference all relevant citations.

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