Oct. 04, 2019 - In SLFI Group v Canada (2019 FCA 217), the Federal Court of Appeal (FCA) overturned a Tax Court of Canada (TCC) decision and ruled that a group of Canadian mutual funds (Funds) was not required to self-assess GST/HST on funding services provided by a U.S. entity, because these services were...
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.
Sept. 30, 2019 - Canada’s Competition Bureau is actively seeking and reviewing smaller acquisitions that may not exceed pre-merger notification thresholds under the Competition Act but that may nonetheless raise substantive competition issues. The Bureau’s demonstrated interest in evaluating smaller mergers...