Jan. 30, 2020 - In our annual Tax Review and Outlook report, we look back at significant developments that shaped the Canadian and U.S. tax landscapes in 2019 and offer our predictions on what to expect in the year ahead. Key Canadian Developments in 2019 Proposed changes to the employee stock option rules...
Canadian and U.S. Tax Laws: A Review of 2016 and a Look Ahead to 2017
The year 2016 was eventful from a Canadian tax perspective, with the current Liberal government introducing its first federal budget and important judicial developments that included two decisions in tax cases by the Supreme Court of Canada. Conversely, while U.S. tax developments in 2016 were limited to regulatory changes – some of them quite significant – it is anticipated that 2017 will mark the beginning of major legislative tax developments as the president-elect’s new administration begins to implement promised tax reforms.
This article looks back at tax developments in Canada and the United States in 2016 and offers a look forward to possible Canadian and U.S. tax developments in 2017.
Canadian Tax Review and Outlook
- Key Canadian tax developments in 2016
- Outlook for Canadian tax developments in 2017
U.S. Tax Review and Outlook
- Key U.S. tax developments in 2016
- Outlook for U.S. tax developments in 2017
Download the Canadian Tax Review and Outlook.
Download the U.S. Tax Review and Outlook.
Jan. 30, 2020 - Review of U.S. Tax Developments in 2019 In 2019, the U.S. tax world continued to be primarily concerned with developing guidance under the monumental Tax Cuts and Jobs Act (TCJA), which was enacted at the end of 2017. Major regulatory projects were proposed beginning in 2018,...