Author: mariamdenison0

Canada – Department of Finance consulting on draft tax proposals

The Department of Finance Canada today released for public comment a set of draft legislative proposals to implement previously announced and other tax measures. February 4, 2022 – Ottawa, Ontario – Department of Finance Canada Canada’s strong and essential social safety net is built on a robust national tax base.  The Department of Finance Canada today released for public comment a set of draft legislative proposals to implement previously announced and other tax measures. Specifically, the proposals would implement Budget 2021 measures to: Allow for the immediate expensing of up to $1.5 million of eligible investments by Canadian-controlled private corporations, ... Read more