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Learn about Chartered Professional Accountants of Canada (CPA Canada)’s submission to the federal government about its draft legislative proposals to implement outstanding income tax technical measures.
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CPA Canada has provided its input on Finance Canada’s July 16, 2010 consultation draft of legislative proposals for various income tax technical amendments. The government’s stated aim with these initiatives is to provide tax relief, strengthen the integrity of the tax system and ensure common and civil law are properly reflected in the Income Tax Act. Developed by the Joint Committee on Taxation of the Canadian Bar Association and CPA Canada, this September 17, 2010 submission paper raises concerns about the proposed tax measures, and offers several constructive recommendations to make them more effective.
Committee members provide their expert insights on aspects of the proposed tax initiatives such as:
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