Income Tax Act — Reporting Requirements for Foreign Affiliates May 18, 2018 The Joint Canadian Bar Association/Canadian Professional Accountants of Canada Taxation Committee comments on Budget 2018 proposals to change the timing of Canada's foreign affiliate reporting requirements.
Abuse of Dominance Enforcement Guidelines May 15, 2018 The CBA notes the Competition Bureau's draft Abuse of Dominance Enforcement Guidelines sometimes take an inconsistent or expansive view of the jurisprudence, and suggests clarifications.
Reviewing Canada's Anti-Money Laundering and Anti-Terrorist Financing Regime May 11, 2018 The CBA responds to a Finance Canada consultation on Canada's anti-money laundering and anti-terrorist financing regime.
Study of Law and Policies Governing Charities, Non-profit Organizations, Foundations and Similar Groups May 09, 2018 The CBA urges the Special Senate Committee on the Charitable Sector to focus its mandate on modernizing the federal income tax rules pertaining to charities.
Federal Construction Contracts May 04, 2018 The CBA comments on the expert review of prompt payment and adjudication of federal construction contracts and recommends a modest, workable system.
Practical Guide to Efficiencies Analysis in Merger Reviews May 03, 2018 The CBA cautions that parts of the Competition Bureau's Draft Guide to Efficiencies Analysis in Merger Reviews takes positions not supported by jurisprudence and gives perspectives on complex issues that have not been adjudicated.
Model Rules on Anti-Money Laundering and Terrorist Financing — Amendments April 03, 2018 The CBA comments on proposed amendments to the Federation of Law Societies of Canada model rules on anti-money laundering (cash transactions, client identification and verification) and on a proposed new rule (trust accounts).
Income Tax Act — Legislative Proposals to Address Income Sprinkling March 13, 2018 The Joint Canadian Bar Association/Canadian Professional Accountants of Canada Taxation Committee comments on draft legislation for tax on split income in Canadian Controlled Private Corporations.
Eligible Dependent Tax Credit March 08, 2018 The CBA urges changes to facilitate sharing of the eligible dependent tax credit in shared custody situations.
Coalition for Small Business Tax Fairness feedback on revised tax proposals February 22, 2018 The Coalition for Small Business Tax Fairness remains concerned with changes to income splitting rules and upcoming changes to passive investments. The Coalition continues to recommend a comprehensive review of Canada's income tax system.