Fighting Aggression

PWC sends a tax bulletin to me from time to time, and its latest email contains information about Quebec’s plans to introduce measures to combat ‘aggressive’ tax planning. Apparently, the measures, if enacted, would require taxpayers to disclose the details of aggressive plans or face penalties. The measures would also impose civil penalties on advisers if they provide advice on an undisclosed transaction to which the GAAR applies. For more information, see PWC’s Tax News Network page.

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