The Canadian Income Tax Committee is responsible for TEI’s advocacy and educational efforts in Canadian federal and provincial income tax matters. It conducts annual liaison meetings with the Canada Revenue Agency and Canadian Department of Finance to discuss tax-enforcement and policy matters in the income tax field.
On May 11, 2026, TEI submitted recommendations to the Canadian House of Commons for improving the Canadian Income Tax Act. TEI's recommended reducing the compliance burden on corporate taxpayers by…
On April 20, 2026, the Canada Revenue Agency ("CRA") responded to TEI's comments regarding the excessive interest and financing expenses limitation ("EIFEL") rules. TEI's comments addressed many…
The Canada Revenue Agency has provided written responses to the questions posed by TEI's Canadian Income Tax Committee at their liaison meeting held on November 18, 2025.
Read Comments HERE
On September 12, 2025, TEI submitted comments to the Canadian Department of Finance regarding proposed legislation that would enhance the Canada Revenue Agency's audit powers. TEI's commented on the…
On September 5th, 2025, TEI submitted comments to the Canada Revenue Agency regarding compliance with the Canadian excess interest and financing expense limitation ("EIFEL") regime. TEI's comments…
On August 28, 2025, TEI submitted comments to the Canadian Department of Finance regarding Canada's 2025 pre-budget consultation along with TEI's ideas for Canadian tax reform. TEI's letter was…
On July 31, 2025, TEI submitted recommendations to the Canadian House of Commons' Standing Committee on Finance regarding its pre-Budget consultations for the 2025-26 fiscal year. TEI recommended the…
On June 6, 2025, TEI submitted comments to the Canadian Prime Minister and Minister of Finance regarding proposed new Code section 899 of the One Big Beautiful Bill Act. Section 899 would impose…
On March 20, 2025, TEI submitted comments to an Expert-Sub Group of OECD Working Party 10 regarding the Working Party's GloBE Information Return XML Schema and User Guide, which was published on…
The Canada Revenue Agency (CRA) has responded to questions from TEI's Canadian Income Tax Committee, which were posed to the CRA at the TEI-CRA November, 19, 2024, liaison meeting.
CRA Responses to…
On January 20, 2025, TEI submitted comments with the Canada Revenue Agency (CRA) regarding their administration of a potential increase in the Canadian capital gains inclusion rate. TEI noted the…
On December 18, 2024, TEI submitted comments to the Canada Revenue Agency ("CRA") regarding its reporting fees for services initiative (the "Initiative"). TEI participated in the CRA's working group…