TEI Supports Enactment of a Harmonized Sales Tax in Ontario
On September 16, 2009, TEI submitted a letter to members of the Legislative Assembly of Ontario relating to the adoption of a harmonized sales tax in the Province of Ontario.
TEI Files Supplemental Comments on Implementation of Ontario's Harmonized Sales Tax
On September 8, 2009, TEI filed supplemental comments on issues relating to the implementation of a harmonized sales tax in the Province of Ontario. This letter supplements TEI's August 24, 2009 comments on implementation issues relating to the adoption of a harmonized Ontario value-added tax, addressing issues relating to financial institutions, residential care facilities, and tax-included pricing. A meeting with Ontario's Ministry of Finance is scheduled for October 16, 2009.
TEI Comments on Implementation of Ontario's Harmonized Sales Tax
On August 24, 2009, TEI submitted comments to the Ontario Ministry of Revenue on implementation issues relating to the adoption of a harmonized sales tax in the Province of Ontario.
TEI Submits Pre-Budget Recommendations to Canada's Standing Committee on Finance
On August 10, 2009, Tax Executives Institute submitted written recommendations to the House of Commons Standing Committee on Finance in connection with the Committee's Fall 2009 Pre-Budget Consultations and requested the opportunity to appear before the Standing Committee. TEI's recommendations are designed to foster economic growth and job creation, promote a favourable business environment for investments in Canada, and ensure a high level of innovation and productivity.
TEI Comments on North Carolina Legislation Affecting the Taxation of Business
On June 27, 2009, TEI filed comments with the Republican and Democratic leaders of the House and Senate Finance Committees of the North Carolina General Assembly concerning North Carolina Senate Bill 202, which would expand the State's franchise tax to pass-through entities and implement a "throwback rule" for taxpayers selling tangible products from locations in North Carolina to States in which they have no income tax obligations.
TEI Comments on Proposed Retroactive Amendment of British Columbia Sales Tax
On April 30, 2009, TEI submitted comments to the Honorable Colin Hansen, Minister of Finance for the Province of British Columbia, concerning the proposed retroactive amendment of the BC retail sales tax in respect of certain materials mailed into the province.
TEI Comments on California Sales and Use Tax Audit Penalty Legislation
On April 20, 2009, TEI filed comments with the Committee on Revenue and Taxation of the California State Assembly urging the defeat of legislation that would impose a 25-percent penalty on taxpayers who fail or refuse to furnish any information requested during a sales and use tax audit. TEI maintains the proposed legislation cannot achieve its stated purpose of advancing fairer and more efficient tax administration because it is vague, overbroad, and unnecessary and recommends the development of comprehensive administrative guidelines in lieu of a statutory amendment.