Income Tax Act — Summary of Feedback on the EIFEL Administration November 22, 2024 The Joint CBA/CPA of Canada Taxation Committee comments on the consultation on the Excessive Interest and Financing Expenses Limitation (EIFEL) proposals.
Income Tax Act — Information gathering under Income Tax Act September 11, 2024 CBA/CPA Joint Taxation Committee calls for revisions to Budget 2024 tax audit powers to protect taxpayer rights and ensure fairness
Income Tax Act — Trust Reporting September 11, 2024 CBA/CPA Joint Taxation Committee submitted recommendations on improving trust reporting under the Income Tax Act, focusing on clarifying exceptions, thresholds, and reporting rules.
Bill C-32 — Exemption of Retirement Compensation Arrangements Top-Ups July 30, 2024 Pensions & Benefits Sections advocate for exemptions on beneficial ownership reporting for Retirement Compensation Arrangements.
Income Tax Act — Trust Reporting July 19, 2024 CBA/CPA Joint Taxation Committee proposes improvements to trust reporting rules for taxable and disregarded trusts.
Federal Courts Rules - 2024 Global Review July 02, 2024 The CBA comments on the proposed overview of the Federal Courts Rules touching on procedural and jurisprudential developments.
Income Tax Act — Federal Budget 2024 – Capital Gains Inclusion Rate May 01, 2024 CBA/CPA Joint Taxation Committee offers time-sensitive recommendations on the implementation of Budget 2024’s higher capital gains inclusion rate.
Bill C-59 – Fall Economic Statement Implementation Act, 2023 April 29, 2024 The CBA addresses a recommendation of the Commissioner of Competition on amendments to the Competition Act in Bill C-59, the Fall Economic Statement Act, 2023.
Bill C-59 — Income Tax Act, Tax on Repurchases of Equity March 26, 2024 The Joint Canadian Bar Association/Canadian Professional Accountants of Canada Taxation Committee recommends fixes to technical issues that could adversely impact bona fide acquisition transactions involving Canadian public corporations.
Strengthening Competition in the Financial Sector February 29, 2024 The CBA comments on how to strengthen competition in Canada’s financial sector.