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Learn about Chartered Professional Accountants of Canada (CPA Canada)’s concerns with functional currency rules and recommendations to improve them in this submission to the federal government.
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CPA Canada has provided feedback on Finance Canada’s functional currency rules contained in section 261 of the Income Tax Act in this January 19, 2012 submission. Developed by the Joint Committee on Taxation of the Canadian Bar Association and CPA Canada, this submission paper identifies a number of issues with the rules, and provides several detailed recommendations for how to improve their effectiveness.
Committee members provide their expert insights on the various aspects of the functional currency rules, including:
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Entering CPA Canada’s Awards of Excellence in Corporate Reporting is simple. Submit your 2016 corporate reporting materials online.
September 18, 2017
Jointly presented by CPA Canada and CPA Ontario, The ONE is the must-attend, multi-track event of the year, designed for all CPAs who want to be at the top of their game.