Canadian Tax Foundation: Reimagining The Determination Of Tax Avoidance

BJ
Bennett Jones LLP

Contributor

Bennett Jones is one of Canada's premier business law firms and home to 500 lawyers and business advisors. With deep experience in complex transactions and litigation matters, the firm is well equipped to advise businesses and investors with Canadian ventures, and connect Canadian businesses and investors with opportunities around the world.
The Canadian Tax Foundation's newsletter Perspectives on Tax Law and Policy (June 2022) features an article by Anu Nijhawan and Jared Mackey on Reimagining...
Canada Tax

The Canadian Tax Foundation's newsletter Perspectives on Tax Law and Policy (June 2022) features an article by Anu Nijhawan and Jared Mackey on Reimagining the Determination of Tax Avoidance. In view of the government's recently-announced consultation to modernize the General Anti-Avoidance Rule (GAAR), the authors share their insights and proposals for an amended GAAR, which they argue would preserve the GAAR as a flexible tool to target tax abuse while also offering greater certainty as to the application of GAAR in particular circumstances. This would, in turn, increase taxpayer compliance, decrease litigation and its associated economic and administrative burdens, and, ultimately, contribute to a more collaborative relationship between legislators and taxpayers.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More