Additional taxes may not deter out-of-province investors
The deal aims to make sweeping changes to how big multinational companies are taxed, deterring profit stashing
The prescribed rate on loans to family members remains set at 1%
The next step is narrowing the menu of tax possibilities, focusing on measures likely to pass
A qualifying senior couple would receive $750 more per year
Big financial institutions would also have to pay a pandemic recovery dividend
Consultation ends on Sept. 30
Clients will be interested in tax proposals, though campaigns don't often move markets
The tax on expensive vehicles was part of the Liberals' 2019 election platform
Finance is seeking comments about raising the rate and giving the CRA better enforcement tools