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Learn about Chartered Professional Accountants of Canada (CPA Canada)’s submission to the federal government on its budget proposals relating to non-resident trusts and foreign investment entities.
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CPA Canada has provided its perspective on Finance Canada’s budget proposals regarding the taxation of non-resident trusts and foreign investment entities, as outlined in its March 4, 2010 federal budget materials. The proposals were made publicly available to allow interested parties the opportunity to provide comments before the release of the draft legislation. Developed by the Joint Committee on Taxation of the Canadian Bar Association and CPA Canada, this May 3, 2010 submission paper raises a variety of issues about the proposals and offers several constructive recommendations to make them more effective.
Committee members provide their expert insights on aspects of the proposed tax measures, such as:
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