Peter Macdonald Peter Macdonald

COVID-19 tax measures and proposed international tax reform

Two significant tax developments in 2020 were Canada’s measures in response to COVID-19 and Canada’s participation with the OECD’s pursuit of...

OECD releases blueprint reports on international tax reform (Pillar One and Pillar Two) and launches public consultation

The OECD recently released blueprint reports on Pillar One and Pillar Two and launched a public consultation process on its two-pillar approach to...

OECD provides additional detail on Pillar One proposal in update on international tax reform – Seeking consensus-based solution in 2020

On January 31, 2020, the OECD/G20 Inclusive Framework on BEPS released the Statement by the OECD/G20 Inclusive Framework on BEPS on the Two-Pillar...

Government mandate letters highlight tax priorities; Fall Economic and Fiscal Update quiet on new measures

The Liberal government’s Fall Economic and Fiscal Update contained no new significant tax measures, but the mandate letters given to federal...

Federal Court of Appeal holds Canada Revenue Agency does not have the power to compel oral interviews during audit

The FCA’s decision in Minister of National Revenue v. Cameco Corporation rejects the Canada Revenue Agency’s argument that its audit powers...

Government of Canada tests the limits under the Income Tax Act in 2017

In 2017, the Canada Revenue Agency (the CRA) pursued litigation which tested the limits of its powers under the Income Tax Act.