Federal Consultations on Taxation of Corporate GroupsThe Department of Finance launched formal consultations on the taxation of corporate groups. KPMG strongly supports Finance’s stated tax policy objectives for a new system for the taxation of corporate groups as set out in the consultation paper. In Case the Wheels Come OffWhy it is imperative for general partners (GPs) to manage environmental, social and governance (ESG) opportunity and risk? Partnership Filing Exemption TightenedThis article discusses the CRA’s change to its administrative policy allowing an exemption for certain partnerships with five or fewer members from filing an annual partnership information return. Canada Gets More Tax Friendly for BusinessOriginally published in CA Magazine in August 2010, this article provides insight into KPMG’s special report on tax in Competitive Alternatives 2010 and shows how Canada has created the second lowest tax cost for business among the countries studied. Use Your AssetsThis article was originally published in CAmagazine in May 2010. Beware New Tax RulesOriginally published in Lexpert Magazine in June 2010, this article is intended to assist legal advisors in their client dealings and understanding of the consequences of new reporting rules for aggressive tax planning. Rude Awakening Awaits “Aggressive Tax Planners”Published just prior to the release of the 2010 Canadian Federal Budget in The Globe and Mail on March 3, 2010, this article discusses the consequences companies may face around aggressive tax planning. |