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Ottawa, December 21, 2012
2012-175

Archived - Harper Government Releases Income Tax Technical Amendments for Public Comment

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The Department of Finance today released for public comment a package of draft legislative proposals relating to a number of technical changes to the Income Tax Act and the Income Tax Regulations.

Many of these proposals respond to issues brought to the attention of the Department by taxpayers and their representatives. This release is part of an ongoing effort to ensure that tax legislation is clear and reflects the underlying policy intent.

The proposals include technical changes relating to:

Full explanatory notes are included with the draft legislation. References to “Announcement Date” in the draft legislation and explanatory notes refer to today’s date.

Interested parties are invited to provide comments on the draft legislation by February 19, 2013 to:

Tax Policy Branch
Department of Finance
140 O’Connor Street
Ottawa, Ontario
K1A 0G5

or by email: consultationTA2012-MT@fin.gc.ca

For further information, media may contact:

Kathleen Perchaluk
Press Secretary
Office of the Minister of Finance
613-996-7861

Jack Aubry
Media Relations
Department of Finance
613-996-8080

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