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On October 15, 2012, the Honourable Jim Flaherty, Minister of Finance, tabled in the House of Commons a detailed Notice of Ways and Means Motion to implement certain tax provisions in Economic Action Plan 2012, as well as certain previously announced tax measures.
The Notice of Ways and Means Motion includes the following tax measures from Economic Action Plan 2012:
The Notice of Ways and Means Motion also includes tax measures related to Pooled Registered Pension Plans and retirement compensation arrangements and that implement technical rules applicable to the financial services sector in respect of the Goods and Services Tax and Harmonized Sales Tax.
Related Topics:Government; Personal Tax; Corporate Tax; Financial Institutions; GST; HST; Scientific Research and Experimental Development
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