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Canadian Income Tax
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Finance moves to implement proposed amendments to functional currency tax reporting rules (Investment Executive) The federal government has released draft legislative proposals to implement amendments to the functional currency tax reporting rules. Tax Breaks For Venture Capitalists (Resource Investor) About two years ago there was media coverage about South Africa adopting something similar to what the Canadian tax regime has, namely, a form of flow-through company. The idea was to assist the development of junior mining companies by passing the tax breaks that a mining company is eligible for to its shareholders in the period before the company generates sufficient taxable income from ... Altus Group Income Fund Announces Third Quarter Results (CCNMatthews via Yahoo! Finance) TORONTO, ONTARIO-- - Altus Group Income Fund today announced financial and operating results for the quarter ended September 30, 2008. (AFX UK Focus) 2008-11-10 12:59 UPDATE 1-CGI profit rises, aided by income tax benefit (Interactive Investor) TORONTO, Nov 10 (Reuters) - CGI Group reported a higher fourth-quarter profit on Monday due mostly to an income tax benefit. Canada's biggest computer consulting company said it earned C$75.2 million ($64.2 million), or 24 Canadian cents a share, from continuing operations, up from C$65 million, or 19 Canadian cents a share, for the same time last year. The results include a non-recurring income ... HL:Canadian Press Business coverage plans for Monday, Nov. 10@ (INO News) BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 1 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to Gary Norris on the business desk at 416-507-2138. Premier continues push for tax reform (Daily Gleaner) Premier Shawn Graham will use a meeting with Prime Minister Stephen Harper and his provincial colleagues to ask that Ottawa not stand in the way of the province's planned tax reforms. Government of Canada Moves to Implement Proposed Amendments to the Functional Currency Tax Reporting Rules (Department of Finance Canada) The Honourable Jim Flaherty, Minister of Finance, today released for consultation draft legislative proposals to implement amendments to the functional currency tax reporting rules in the Income Tax Act. HL:Canadian Press Business coverage plans for Monday, Nov. 10@ (INO News) BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 3:15 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to Gary Norris on the business desk at 416-507-2138. CGI profit rises, aided by income tax benefit (The Globe and Mail) TORONTO (Reuters) - CGI Group reported a higher fourth-quarter profit on Monday due mostly to an income tax benefit. CGI profit rises, aided by income tax benefit (Reuters via Yahoo! Canada News) CGI Group reported a higher fourth-quarter profit on Monday due mostly to an income tax benefit.
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