With regard to double dipping, I understand that it is legal, that it is presently allowed by our legislation, but nevertheless it is a structure that has the sole objective to minimize taxes paid in Canada and other jurisdictions that have a high tax rate. I am just trying to understand how these schemes work. I understand double dipping pretty well but there is also the method called tower structures.
Could you explain how corporations use this scheme to minimize their taxes. How does it work?