Sir While I agree with your comments this statment betrays bias and ignorance of the situation. "Adding to the bad taste is that Menu Foods is an income trust, a kind of Canadian tax dodge, sometimes equated with Ponzi schemes. It will be interesting to see how readily that financial structure regurgitates the millions in potential damages." While an Income Trust is a 'tax efficient structure' it is perfectly legal, and, in fact, similar to a structure which has been around for years in the US and Canada. Income from an income trust is not taxed at the corporate level but …
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