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All Jurisprudence based

0 tracked cards Commercial and Taxation Laws

A lawyer says that any foreign participation anywhere in a corporate chain automatically requires disregarding the control test and declaring the operating corporation foreign. Is that correct under Narra Nickel?

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Yes, any foreign share always defeats nationality No, the decision requires a proper nationality analysis and does not establish that blanket rule Yes, minority foreign investment can never be lawful Yes, the control test was repealed

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