Ilana Ludwin Ilana Ludwin

Canada rejects OECD’s one-year extension of digital services tax moratorium

Canada refuses to delay the introduction of its digital services tax to 2025 despite one-year extension to DST moratorium announced in the new OECD...

Canadian mandatory disclosure rules update: implementing bill and explanatory notes

Significant development for Canada’s income tax mandatory disclosure rules: implementing bill and explanatory notes released

OECD releases guidance for Pillar Two, including GILTI coexistence and QDMTT design

The OECD released administrative guidance for implementing the global minimum tax under Pillar Two, including GILTI coexistence and QDMTT design.

Canada proposes significant tax amendments to align with OECD BEPS recommendations

In 2022, the federal government released draft legislation to adopt many of the OECD’s BEPS recommendations...

OECD releases three Pillar Two documents, including guidance on safe harbours

New documents include guidance on safe harbours and penalty relief in respect of the model Global Anti-Base Erosion Rules, plus public consultation...

Finance releases revised draft EIFEL rules

Finance Canada releases revised draft EIFEL rules with significant changes to many aspects of the proposed regime.

Budget 2022 Bill beefs up economic sanctions legislation

Amendments to Canada’s economic sanctions rules proposed in Budget 2022 have now received royal assent.

Canadian anti-hybrid rules and EU debt equity bias reduction allowance

Recent EU tax measures extend to taxpayers the benefit of notional interest deductions on equity while Canada targets certain notional interest...

Canadian anti-hybrid tax legislation released in draft

On April 29, 2022, the Department of Finance released the first of two packages of draft legislation to implement its proposals to eliminate the tax...