Canadian flag

MNP Presents Feedback on Tax Measures to the House of Commons Standing Committee on Finance in Pre-Budget Consultation 2020

MNP Presents Feedback on Tax Measures to the House of Commons Standing Committee on Finance in Pre-Budget Consultation 2020

Synopsis
3 Minute Read

Read MNP’s pre-budget recommendations to the federal House of Commons on ensuring proposed tax measures are balanced and not considered in isolation.

MNP serves and responds to the needs of our clients which include more than 180,000 private enterprise and small business clients and 19,000 farms throughout Canada.

On February 6, 2020, MNP was invited to present to the House of Commons Standing Committee on Finance at their 2020 pre-budget consultations. Am Lidder, Senior Vice President of Tax Services and Kim Drever, Regional Tax Leader, Edmonton Region, offered feedback on two specific tax measures as provided in the Minister of Finance Mandate Letter of December 13, 2019 that impact Canadian businesses.

Fairness and Certainty in Budget 2020 – A Balanced Approach to Ease Family Business Succession and Unintended Consequences of Potential Interest Deductibility Limitation outlines our concerns about the measures and presents tangible, targeted recommendations.

Click here to download presentation

Contact:

Am Lidder, Senior Vice President, Tax Services, at 778.571.3535 or [email protected]

Kim Drever, Regional Tax Leader, Edmonton Region at 780.832.4287 or [email protected]

Insights

  • Performance

    May 23, 2024

    Preparing Taxes 101: Claiming GST / HST

    Is your business able to claim the input tax credit on GST/HST? Discover who can make a claim, how to meet the conditions, and what expenses are eligible.

  • Progress

    May 22, 2024

    Is your family prepared for the unexpected?

    Is your family prepared for the unexpected? Learn how building a serious illness plan can provide continuity for your business and your family.

  • Confidence

    May 21, 2024

    How construction companies can overcome the pain points of an ERP implementation

    Implementing an ERP system in the construction industry offers plenty of benefits — but it’s not without its challenges.