Which of the following businesses will be subject to Part I tax in Canada?
A) A U.S. company that receives dividends from its Canadian subsidiary.
B) A U.S. company that stores its inventory in a Canadian warehouse.
C) A multinational manufacturing business that has a factory in Canada.
D) A U.S. company that has a temporary office in Canada while searching for a site for its planned Canadian manufacturing plant.
Correct Answer:
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