TEI Holds 2018 Liaison Meetings with Canada Revenue Agency and Department of Finance
Canada Revenue Agency Responds to TEI’s Questions from 2016 and 2017 Commodity Tax Liaison Meetings
TEI Comments on Canadian Draft Income Tax Legislative Proposals
TEI Comments on Proposed Change to Canada’s Foreign Affiliate Reporting Requirements
Canada Revenue Agency and Department of Finance Respond to TEI’s Questions from December 2017 Liaison Meetings
TEI Holds 2017 Liaison Meetings with Canada Revenue Agency and Department of Finance
TEI Submits Comments on Proposed Changes to the Canada Revenue Agency’s Voluntary Disclosures Program
TEI Comments on Standards for Valuing the Personal Use of Corporate Aircraft
On February 10, 2017, TEI submitted comments to the Canada Revenue Agency suggesting how it should formalize its procedures for valuing an employee’s personal use of the employer’s corporate aircraft. The comments generally suggest that such valuation should be made by comparison to the highest available commercial airfare for a comparable itinerary because such a standard would be predictable, neutral among taxpayers, and simple to administer.
CRA and Finance Responds to Questions TEI Posed at November 2016 Liaison Meeting
On November 15 and 16, 2016, members of TEI’s Canadian Income Tax Committee met with members of the Canada Revenue Agency and Department of Finance Canada to discuss various tax administrative and enforcement issues. CRA and Finance have provided TEI with responses to the questions posed.
Download CRA Responses
Download Department of Finance Responses
TEI Suggests Changes to CRA on Regulation 102 and Form RC473
On March 17, 2016, TEI submitted a letter to the Canada Revenue Agency recommending certain changes to paperwork requirements surrounding Regulation 102, specifically to Form RC473. The letter discusses concerns that taxpayers might have with completing that form, as well as other requirements that might be counterproductive toward encouraging taxpayer compliance with Regulation 102.
TEI's Canadian Income Tax Committee prepared this letter. Grant Lee chairs the Committee, and TEI Tax Counsel John Schoenecker coordinated the preparation of TEI's comments