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Assessment & Scrutiny · Trading Company · Three-Year Reassessment

Trading Company: Three-Year Reassessment Addition Dropped

Proposed Addition Dropped

Situation

A trading company faced a reassessment notice for a transaction three years prior.

Approach

We reconstructed the books and the treaty position.

Outcome

The department dropped the proposed addition after our written submission.

Identities are anonymized to protect client confidentiality. The situation, approach, and figures reflect an actual engagement.

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