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Federal Budget Tax Avoidance

Rivkin Radler LLP

Tax Authorities of the World Unite? Not Quite, But the IRS Joins the Movement to Tax the Rich

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Earlier this year, the OECD observed there has been a significant increase in global wealth inequality over the last two decades. It also acknowledged that “taxation is a key instrument . . . that governments have at their...more

Blake, Cassels & Graydon LLP

L’ARC désigne les opérations à signaler et met à jour les lignes directrices en matière de divulgation obligatoire

Introduction - Le 1er novembre 2023, l’Agence du revenu du Canada (l’« ARC ») a publié une liste d’opérations qui ont été désignées comme les premières « opérations à signaler » en vertu des nouvelles règles de divulgation...more

Blake, Cassels & Graydon LLP

CRA Designates Notifiable Transactions and Updates Mandatory Disclosure Guidance

Introduction - On November 1, 2023, the Canada Revenue Agency (CRA) released a list of transactions that have been designated as the first “notifiable transactions” under the new mandatory disclosure rules (MD Rules) in...more

Holland & Knight LLP

Paquete económico para el ejercicio fiscal 2024 en México

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Dr. Rogelio Ramírez de la O, Secretario de Hacienda y Crédito Público de México, el 8 de septiembre de 2023, presentó ante la Cámara de Diputados el Paquete Económico para el 2024 (PE 2024), mismo que no contempla aumentos,...more

Blake, Cassels & Graydon LLP

Budget fédéral 2023 : Présentation de certaines mesures fiscales

Le 28 mars 2023 (le « jour du Budget »), la ministre des Finances du Canada a présenté le budget fédéral de 2023 (le « Budget 2023 »). Même si certains avaient prédit que le programme législatif chargé du ministère des...more

Davies Ward Phillips & Vineberg LLP

Federal Budget 2022: Tax Highlights

On April 7, 2022 (Budget Day), the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance, delivered the Liberal Party’s federal budget (Budget 2022), the second budget since the start of the...more

MoFo Tech

AI TRENDS FOR 2022 - THE IRS WILL USE INCREASED BUDGET RESOURCES TO ACHIEVE A MAIN OBJECTIVE

MoFo Tech on

The IRS plans to audit the wealthiest corporate, partnership, and individual taxpayers to achieve some of its main objectives in 2022. In his recent testimony before Congress, IRS Commissioner Charles P. Rettig...more

Cadwalader, Wickersham & Taft LLP

The UK’s Autumn Budget 2021 – Key Tax Measures

The Chancellor of the Exchequer delivered the United Kingdom (UK) Autumn Budget for 2021 on 27 October 2021. The Budget was delivered against the backdrop of the UK’s ongoing recovery from the Covid-19 pandemic and the...more

Bennett Jones LLP

Canadian Budget Proposes New Cross-border Interest Deductibility Limit

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The 2021 Canadian Federal Budget, released on April 19, 2021, proposes new rules that would fundamentally alter the interest deductibility landscape for Canadian businesses. The thrust of the new rules (referred to herein as...more

Vinson & Elkins LLP

UK Budget 2020: Tax Perspectives

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Today, UK’s Chancellor announced the first post-Brexit Budget, a fiscal stimulus package of £30 billion. As expected from the Conservative Party’s 2019 election manifesto, there are no changes to the headline rates of...more

Bennett Jones LLP

Business Measures in 2019 Federal Budget

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The 2019 Canadian federal budget was released on March 19, 2019 (Budget Day). As many of the proposals are aimed at investing in Canada’s middle class, the Budget was relatively light on proposals affecting businesses....more

Cadwalader, Wickersham & Taft LLP

UK Budget 2017 – Key Tax Measures

The Chancellor of the Exchequer delivered the UK Budget for 2017 on 22 November 2017. Delivered against the backdrop of the UK’s ongoing negotiations to exit from the European Union, the Budget featured a significant...more

Cadwalader, Wickersham & Taft LLP

UK Budget 2016 – Key Tax Measures

The Chancellor of the Exchequer delivered the UK Budget for 2016 on 16 March 2016. The Budget was delivered against the backdrop of international tax developments, relating to the Organisation for Economic Co-operation and...more

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