On August 19 2011 the Canadian Department of Finance released a package of proposed amendments to Canada’s Income Tax Act (ITA) that contained several surprising changes to Canada’s foreign affiliate rules. Sabrina Wong and Kirsten Kjellander of Blake, Cassels & Graydon discuss the changes and what they will mean for Canadian taxpayers.
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The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process