This Report of the Standing Committee on Finance has recently been released.
Not much is said or suggested about international taxation in spite of the BEPS initiative going on. The report highlights that the federal government should do “more” to identify “offshore tax evaders”, “reduce the use of tax haven”, lower the Canadian corporate tax rate, assess the impacts on the Canadian economy before implementing the recommendations of the BEPS initiative.
And that is it.
Hopefully, the 2015 federal budget will provide more guidance to Canadian companies soon…
The complete Report of the Standing Committee on Finance titled Towards Prosperity: Federal Budgetary Priorities For People, Businesses And Communities is available here (en français ici).
DRTP Consulting Inc. solutions go beyond transfer pricing and international tax solutions. This blog post originally appeared at rbrt.ca. The information in this blog post is general information only. Data and information come from sources believed to be reliable but complete accuracy cannot be guaranteed. DRTP Consulting Inc. or the author are not responsible or liable for any error, omission or inaccuracy in such information. Readers should seek advice and counsel from DRTP Consulting Inc. as required.
- Posted by Robert Robillard
- On 13 December 2014
- 0 Comments
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