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EEL is New zealand tax resident company that provides consulting services to energy and chemical sectors. To finance an upcoming expansion, EEL intends to borrow

EEL is New zealand tax resident company that provides consulting services to energy and chemical sectors. To finance an upcoming expansion, EEL intends to borrow $8 million from a non-associated finance company based in Brazil, LAL. LAL has no NZ based operations and not NZ tax resident.

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