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Question 4 {1 point} El Wim respect to the application of ITA 881:1}, winding up of a EU percent owned subsidiary, which of the following statements
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Question 4 {1 point} El Wim respect to the application of ITA 881:1}, winding up of a EU percent owned subsidiary, which of the followingstatements is MDT correct? 0 1} Awrite up of non-depreciable capital property may be available. Cl 2} Eiuth the subsidiary and the parent will have a deemed year end. Cl 3} Subsidiary losses will become available to the parent company in its first taxation year which begins alterThe windup. Cl 4} The tax yalues of the subsidiary assets will be canted forward to tax records of the parent company.