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Claire Kennedy in Bloomberg on Rio Tinto Canada Tax Case

July 22, 2016

Claire Kennedy comments in Bloomberg BNA on the Tax Court of Canada ruling that Rio Tinto Alcan Inc. can deduct C$51.6 million in legal, banking and regulatory costs used to acquire a competitor and to spin off a business unit. Claire said the ruling provides welcome clarity on the age-old question of income versus capital in the context of merger and acquisition transactions under evolved and evolving standards of corporate governance.

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  • Claire M.C. Kennedy Claire M.C. Kennedy, Senior Advisor, Clients and Industries

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