[Verse 1] A corporation's birthplace isn't where it's born But where the minds that steer it make decisions every morn Central management and control, that's the golden key Board meetings in Toronto make you Canadian, you see Headquarters might be elsewhere but the puppet master's hand Determines which tax system claims you for their land [Chorus] C-C-P-C, private and controlled Public corporations, shares are bought and sold Other private players in between the two Section 256 connects them through and through Management and control, that's where residency lies Not the paper trail, but who really decides [Verse 2] Canadian-controlled private corps get special treatment here Lower tax rates on small business, benefits crystal clear But if non-residents hold the voting shares in their grip Your CCPC status takes a permanent trip Public means your shares trade freely on exchange Private keeps it closer, ownership won't change [Chorus] C-C-P-C, private and controlled Public corporations, shares are bought and sold Other private players in between the two Section 256 connects them through and through Management and control, that's where residency lies Not the paper trail, but who really decides [Bridge] Associated means they're family by law Common control or ownership, without a single flaw Brother corporations sharing same parent's hand Section 186 makes the tax rules expand Connected through shares or management's thread One corporation's choices affect where others are led [Verse 3] Factual control beats legal every time Look beyond the documents for control's true design Voting trusts and agreements, influence behind the scene Determines who's Canadian more than papers pristine The residence test cuts through corporate disguise To find where real power actually lies [Chorus] C-C-P-C, private and controlled Public corporations, shares are bought and sold Other private players in between the two Section 256 connects them through and through Management and control, that's where residency lies Not the paper trail, but who really decides [Outro] When corporate families gather round Tax laws keep them tightly bound Central management's the crown That makes you resident in town
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