Submissions and Resolutions

CBA/CPA Joint Taxation Committee calls for revisions to Budget 2024 tax audit powers to protect taxpayer rights and ensure fairness

CBA/CPA Joint Taxation Committee submitted recommendations on improving trust reporting under the Income Tax Act, focusing on clarifying exceptions, thresholds, and reporting rules.

Pensions & Benefits Sections advocate for exemptions on beneficial ownership reporting for Retirement Compensation Arrangements.

CBA/CPA Joint Taxation Committee proposes improvements to trust reporting rules for taxable and disregarded trusts.

The CBA comments on the proposed overview of the Federal Courts Rules touching on procedural and jurisprudential developments.

CBA/CPA Joint Taxation Committee offers time-sensitive recommendations on the implementation of Budget 2024’s higher capital gains inclusion rate.

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.

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.

The CBA comments on how to strengthen competition in Canada’s financial sector.

The CBA expresses concern with piecemeal competition law reform and explains that Bill C-352, Lowering Prices for Canadians Act must be examined in the context of other recent changes.