Income tax issues

Tax Executive, The, Nov, 1999

RESPONSE

Revenue Canada, in a letter to the Department of Finance, (a copy attached which was provided to TEI) stated that they were discussing possible revisions to the Regulation with Client Services Directorate and Legislative Policy Division to address this issue. They also suggested the following answer to TEI's question: "The Department is aware of the issue concerning the application of paragraph 100(3)(c) and subsection 100(3.2) of the Regulations and, in response to concerns from employers and employees, amendments to the Regulation are being considered.

Tax Executives Institute's 1999 Canadian Tax Course

TEI's 1999 Canadian Tax Course, held September 19-24 at the Metropolian Hotel in Toronto, drew nearly 50 students from both above and below the border eager to hear the latest on Canadian tax issues. The program was sponsored by TEI's Canadian Income Tax Committee, led by 1998-1999 chair John Allinotte of Dofasco, Inc., and Canadian Commodity Tax Committee, led by 1998-1999 chair Munir Suleman. Pierre Bocti of Hewlett-Packard Canada, Ltd., TEI's 1998-1999 Vice President for Canadian Affairs, served as chair of the tax course.