The industry veteran brings more than 25 years of experience to the role
If cross-border clients meet the strict requirements and comply, they'll pay no U.S. tax
Reorganization accounts for draft legislation that will implement changes to the "allocation to redeemers" rules
Parents may lose a significant chunk of their take-home pay through taxes and reduced fiscal benefits
Draft legislation concerning the “allocation to redeemers” methodology extends the capital gains-related timeline for ETFs
Trade group also asks feds to review the tax system, bolster anti-money laundering efforts
How Finance’s draft legislation could impact clients
The recommendation was part of the organization’s pre-budget submission
The Liberals introduced draft legislative proposals on several measures from the 2019 budget
New rules would prevent funds from using derivative transactions to convert ordinary income into capital gains