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Mrs. Day structures a transaction to shift income from her sole proprietorship to her grandson's business. This tax planning strategy may be taking advantage of the:
Ethnic Diversity
The inclusion of people from different ethnic backgrounds and cultures within a group or organization.
Canadian Workforce
The labor pool in Canada, comprising individuals actively working or seeking employment across various industries.
Retirements
The act of leaving one's job and ceasing to work, typically upon reaching a certain age or due to health reasons.
Social Media
Digital platforms that enable users to create and share content or participate in social networking, impacting communication and information dissemination widely.
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