Tax
When the Poverty Reduction Act received Royal Assent in June of 2019, it served to focus federal government attention on combatting poverty as never before. The Act established Canada’s first Official Poverty Line, the Market Basket Measure (MBM) that would price on a regional basis a basket of goods and services required to meet basic […]
First Principles There is strong and enduring connection between trade and a country’s tax law dealing with international connections of taxpayers and their income earning activities. Most commonly, as in Canada’s case, this connection underlies domestic tax rules to reconcile overlapping tax claims of Canada and other countries by providing suitable credit for foreign taxes […]