Question: When is the general connected entity rule used whereby the threshold is 40% control and when is the modified connected entity rule used where the

When is the general connected entity rule used whereby the threshold is 40% control and when is the modified connected entity rule used where the threshold is 20%? Please provide a real world example for a company with shareholders.

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The General Connected Entity Rule and Modified Connected Entity Rule are used to determine the level ... View full answer

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