Investigation will identify any gaps and areas for improvement
Consultation paper outlines income tax measures announced in Budget 2018 that haven’t already been legislated
The federal government should review the tax system to ensure that it remains efficient
Each province must choose whether to implement the tax change related to passive investment income held by incorporated individuals introduced last year
Government officials will discuss best practices in tax administration and efforts against tax evasion with global counterparts
The proposed rules could result in a flight of capital out of the country, the group suggests
Getting rid of the surtax makes the personal income tax system more transparent
The changes would create a number of exemptions and shift which areas of the province would be covered by the tax
The changes could generate a tax windfall of about $400 million a year for Ottawa, parliamentary budget officer finds
The government’s proposal limits access to the lower small-business rate rather than taxing passive income above $50,000 at potentially punitive tax rates