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Learn about Chartered Professional Accountants of Canada (CPA Canada)’s submission to the federal government concerning its backgrounder on potential new rules for tax avoidance transactions.
Get your downloadable electronic copy.
CPA Canada has provided its perspective on Finance Canada’s May 7, 2010 backgrounder on its proposals to require information reporting of tax avoidance transactions, an initiative that was introduced in the 2010 federal budget. The backgrounder was issued to provide interested parties with the opportunity to comment on the proposals before the release of the draft legislation.
Developed by the Joint Committee on Taxation of the Canadian Bar Association and CPA Canada, this July 6, 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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