Posts in Taxation
Accountants group calls for comprehensive review of Canadian tax system

A new report by Chartered Professional Accountants of Canada (CPA Canada) is recommending the government undergo a comprehensive tax review that will “make the system simpler, fairer, more efficient and competitive.”

The report, released on Wednesday, provides a blueprint for how the government could reform the Canadian tax system, one CPA Canada said currently weakens the country’s competitiveness.

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TaxationGraham Scott
Macartney: Canada needs a new royal commission on taxation

Armed with a paper developed by the London Chamber of Commerce, the Canadian chamber — representing more than 200,000 businesses — has developed its most comprehensive policy position, calling on the federal government to strike a royal commission on tax reform.

The last time Canada undertook a comprehensive review of its tax system (the Carter Royal Commission in the 1960s), humans had not yet set foot on the moon and in the five decades since, repeated cutting and pasting has left Canadian taxation uncompetitive, cumbersome, inefficient and anything but modern.

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TaxationGraham Scott