Multinational corporations, cross-border investments and many other Canadian public and private enterprises, will likely soon face a new and complex interest expense deduction limitation in Canada....more
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
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
3/25/2019
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Canada ,
Corporate Taxes ,
Cross-Border Transactions ,
Federal Budget ,
Foreign Affiliates ,
Mutual Funds ,
Privately Held Corporations ,
Proposed Amendments ,
Tax Avoidance ,
Tax Treaty