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Learn about Chartered Professional Accountants of Canada (CPA Canada)’s submission to the federal government about its proposed income tax amendments to contingent liabilities.
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CPA Canada has provided feedback to Finance Canada regarding its potential introduction of section 143.4 of the Income Tax Act, which would implement changes to contingent liabilities. Developed by the Joint Committee on Taxation of the Canadian Bar Association and CPA Canada, this November 7, 2011 submission paper raises concerns about the nature and scope of the proposed amendments, and provides insights on how to more effectively implement these tax amendments.
Committee members provide their expert insights on the following aspects of the contingent liabilities amendments:
View our complete coverage of the 2019 federal budget. We have tax highlights, an insightful federal budget analysis as well as video interviews with our experts.
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May 22, 2019
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