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Taxes

Control

When one person has the ability to ensure that another person follows their desires, this is referred to as control. This control can be utilized by individuals and corporations to minimize their tax obligations. In most cases, a company is considered to have control over another company if it possesses more than 50% of the latter's voting shares. However, the exact definitions of control may differ depending on the country and circumstances. Understanding this concept is crucial for navigating the complex world of finance and taxation.

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