The March 29, 2012 Federal Budget proposed significant changes to Canada’s international tax regime. On October 18, 2012, the Minister of Finance (Canada) introduced Bill C-45 in Parliament to implement these changes.1
This Miller Thomson International Tax Update reviews the most significant proposed changes in Bill C-45:
- Foreign affiliate dumping transactions
- Pertinent loan or indebtedness regime
- Thin capitalization regime
If you have any questions or require further analysis on the international tax measures discussed herein, please contact: John M. Campbell or Lyne M. Gaulin