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.
Retroactive Change to Taxable Benefits February 06, 2018 The CBA entreats the Canada Revenue Agency not to retroactively apply changes to administrative policies for the calculation of a taxable benefit.
Income Tax Act — Subsection 55(2) Amendments January 19, 2018 The Joint Canadian Bar Association/Canadian Professional Accountants of Canada Taxation Committee asks about changes to Income Tax Act s 55(2), addressing undue reduction of corporate capital gains that otherwise arise on a planned sale of property.
Income Tax Act — Taxation of Partnerships - Response to Green Case January 19, 2018 The Joint Canadian Bar Association/Canadian Professional Accountants of Canada Taxation Committee comments on the taxation of tiered partnerships (ITA s. 96) in light of Green v R, 2017 FCA 107.