TEI Holds 2021 Virtual Liaison Meetings with Canada Revenue Agency and Department of Finance
On December 7-8, 2021, 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.
TEI Comments on Proposed Changes to Canada’s Income Tax Mandatory Disclosure Rules
On December 10, 2021, TEI submitted comments to the Department of Finance concerning the proposed changes to Canada’s income tax mandatory disclosure rules described in Budget 2021. TEI’s comments focus primarily on the government’s proposals to amend the Income Tax Act’s reportable transaction rules and introduce a new requirement for specified corporations to proactively report uncertain tax positions to the Canada Revenue Agency.
TEI Holds 2020 Virtual Liaison Meetings with Canada Revenue Agency and Department of Finance
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.
TEI Members Provide Feedback on CRA Draft of Simplified Form T2200, Declaration of Conditions of Employment for Working at Home During COVID-19
On September 15, 2020, following an intensive effort to survey TEI members working for companies in different industries across Canada, TEI’s Canadian Income Committee submitted a compilation of responsive, actionable comments to the CRA concerning the draft form.
TEI Participates in Canadian Pre-Budget Consultations
On August 10, 2020, TEI submitted written recommendations to the Canadian House of Commons Standing Committee on Finance as part of its pre-budget consultations in advance of the 2021 federal budget.
TEI Members Submit Follow-up Questions to Canada Revenue Agency on Canada Emergency Wage Subsidy Program
On June 19, 2020, members of TEI’s Canadian Income Tax Committee submitted a number of follow-up questions to the Canada Revenue Agency’s Legislative Policy and Regulatory Affairs Branch concerning various aspects of the Canada Emergency Wage Subsidy (“CEWS”) program.
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 2019 Liaison Meetings with Canada Revenue Agency and Department of Finance
On December 10–11, 2019, a delegation of Canadian Income Tax Committee members assembled in Ottawa, Ontario, for TEI’s annual liaison meetings with representatives of the Canada Revenue Agency and Department of Finance.
TEI Comments on Proposed Changes to Canadian Tax Treatment of Employee Stock Options
On October 7, 2019, TEI submitted comments to the Department of Finance Canada concerning the income tax legislative proposals on employee stock options that were released for public consultation on June 17, 2019. TEI’s comments, reprinted below, were prepared by a cross-industry working group of Canadian Income Tax Committee members under the leadership of Kurtis L. Bond and Steve Saunders.
TEI Holds 2018 Liaison Meetings with Canada Revenue Agency and Department of Finance
On December 4–5, 2018, a delegation of Canadian Income Tax Committee members assembled in Ottawa, Ontario, for TEI’s annual liaison meetings with representatives of the Canada Revenue Agency and Department of Finance