Canada News

Canadian Tax Regime To Be Enhanced From 2019

by Mike Godfrey, Tax-News.com, Washington

Friday, December 28, 2018

Canada's small business tax rate will be reduced from 10 percent to nine percent from January 1, 2019, as part of a suite of new year tax changes. Read Full Story

OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 7, 2018

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story

Canada To Push Ahead With Carbon Tax Plans

by Mike Godfrey, Tax-News.com, Washington

Monday, October 29, 2018

Canada's federal Government has announced that it will impose a carbon price in Ontario, New Brunswick, Manitoba, and Saskatchewan in 2019. Read Full Story

Switzerland Begins Sharing Tax Data Internationally

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 12, 2018

Switzerland has made its first exchanges under the new international automatic exchange of information framework, the Common Reporting Standard. Read Full Story

Canada Revenue Agency To Improve Digital Platform

by Mike Godfrey, Tax-News.com, Washington

Friday, September 28, 2018

The Canada Revenue Agency is to collaborate with an association of tax preparation and software firms to improve the digital services it provides to taxpayers. Read Full Story

At UN General Assembly, OECD Urges Global Carbon Tax Action

Friday, September 28, 2018

Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure. Read Full Story

Ontario Withdraws Support For Canadian Carbon Taxes

by Mike Godfrey, Tax-News.com, Washington

Monday, July 16, 2018

Ontario's new government has scrapped the province's cap-and-trade carbon pricing regime, effective July 3. Read Full Story

Canada Promises To Improve Tax Advice Helplines

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 19, 2018

The Canadian Revenue Agency has unveiled a three-point action plan to improve the services offered by its call centers. Read Full Story

G7 Committed To Digital Tax Consensus

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 14, 2018

G7 countries are committed to working towards a consensus-based solution to the tax challenges of the digital economy, according to the final communique issued at the conclusion of the G7's summit in Charlevoix, Canada. Read Full Story