The Canadian Income Tax Committee is responsible for TEI’s advocacy and educational efforts in Canadian federal and provincial income tax matters. It conducts annual liaison meetings with the Canada Revenue Agency and Canadian Department of Finance to discuss tax-enforcement and policy matters in the income tax field.
On January 31, 2023, TEI filed comments and recommendations with the Canadian Department of Finance regarding proposed excessive interest and financing expense limitation (EIFEL) legislation. The…
On April 5, 2022, TEI submitted written comments to the Department of Finance concerning the government’s newly released draft legislative proposals to amend Canada’s income tax mandatory disclosure…
On May 6, 2022, TEI submitted written comments to the Department of Finance concerning the government’s newly released draft legislative proposals to limit the amount of interest and other financing…
On July 21, 2022, TEI submitted preliminary comments to the Department of Finance concerning the Government of Canada’s proposal to implement Pillar Two of the OECD/G20 Inclusive Framework on Base…
On June 30, 2022, TEI applied for leave to intervene (as amicus curiae) in Deans Knight Income Corporation v. Her Majesty the Queen, a case in which the taxpayer was recently granted leave to appeal…
On December 29, 2021, TEI submitted comments to the Department of Finance Canada concerning the government’s proposal to introduce a new limitation on the deduction of business interest expense, as…
On December 7–8, 2021, delegations of Canadian Income Tax Committee and Canadian Commodity Tax Committee members virtually participated in TEI's annual liaison meetings with representatives of the…
On December 10, 2021, TEI submitted comments to the Department of Finance concerning the proposed changes to Canada’s income tax mandatory disclosure rules described in Budget 2021. TEI’s comments…
On December 8–9, 2020, delegations of Canadian Income Tax Committee and Canadian Commodity Tax Committee members virtually participated in TEI's annual liaison meetings with representatives of the…
In late August 2020, the Canada Revenue Agency (“CRA”) sought the assistance of TEI’s Canadian Income Tax Committee in obtaining broad-based feedback from TEI members across Canada on the CRA’s…
On August 10, 2020, TEI submitted written recommendations to the Canadian House of Commons Standing Committee on Finance as part of its pre-budget consultations in advance of the 2021 federal budget…
On June 19, 2020, members of TEI’s Canadian Income Tax Committee submitted a number of follow-up questions to the Canada Revenue Agency’s Legislative Policy and Regulatory Affairs Branch concerning…