The members of TEI’s Canadian Income Tax and Canadian Commodity Tax committees are actively preparing for the Institute’s 2021 liaison meetings in Ottawa, and they seek your input in developing this year’s meeting agendas.
On June 18, TEI submitted comments to the Canadian Department of Finance regarding the Canadian Government’s proposed tax on digital services (the DST). TEI’s comments focused on the practical compliance issues businesses will face should the proposed tax be enacted into law.
On January 29, TEI submitted comments to the Canadian Department of Finance regarding certain items in the Department’s fall economic statement, including issues related to proposed new rules on cross border digital products and services, as well as goods supplied through fulfillment warehouses.
On December 8–9, 2020, delegations of Canadian Income Tax Committee and Canadian Commodity Tax Committee members virtually participated in TEI’s annual liaison meetings with representatives of the Canada Revenue Agency (“CRA”) and Department of Finance.
On June 26, 2020, TEI filed a letter with the British Columbia's Select Standing Committee on Finance and Government Services proposing changes to British Columbia's provincial sales tax. The letter builds on earlier comments made to the Ministry of Finance in letters and meetings with Ministry officials and requested that the proposed changes be considered in conjunction with the annual budget process.
TEI Engages with Canada Revenue Agency and Department of Finance Regarding Canada Emergency Wage Subsidy
On April 17, 2020, members of TEI’s Canadian Income Tax and Canadian Commodity Tax Committees participated in a joint conference call with representatives of the Canada Revenue Agency (“CRA”) and Department of Finance (“Finance”) to discuss a range of questions concerning the newly enacted Canada Emergency Wage Subsidy (“CEWS”).
TEI Holds Call with Canada Department of Finance on March 30, 2020 Regarding COVID-19 Commodity Tax Issues
On March 30, 2020, members of the TEI Canadian Tax Committee had a call with the Canada Department of Finance Tax Policy Branch to discuss COVID-19 commodity tax issues and Finance’s March 27, 2020 announcement.
On June 26, 2019, TEI filed a letter with the British Columbia's Select Standing Committee on Finance and Government Services proposing changes to British Columbia's provincial sales tax.
On May 29, 2019, TEI submitted a letter to the Canadian Department of Finance welcoming the government’s intention to expand the joint venture election under Section 273 of the Excise Tax Act.