On August 4, 2023, the Department of Finance released a revised version of its proposed 2% equity buyback tax (“Buyback Tax”) that will apply to relevant transactions that occur on or after January 1, 2024....more
11/9/2023
/ Canada ,
Capital Markets ,
Equity ,
Income Tax Act ,
Proposed Regulation ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Securities Regulation ,
Securities Transactions ,
Share Buybacks ,
Tax Liability
The past week was a busy one for Canada’s Department of Finance (“Finance”). On November 3, 2022, Finance released its 2022 Fall Economic Statement (the “Fall Economic Statement”) and the following day, it introduced Bill...more
11/8/2022
/ Canada ,
Clean Tech ,
Digital Platforms ,
Federal Budget ,
International Tax Issues ,
Investment Tax Credits ,
OECD ,
Reporting Requirements ,
Share Buybacks ,
Tax Credits ,
Tax Reform