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Canada proposes significant tax amendments to align with OECD BEPS recommendations

Author(s): Patrick Marley, Kim Maguire, Ilana Ludwin

Jan 11, 2023

In 2022, the federal government released draft legislation to adopt many of the OECD’s BEPS recommendations, including those related to interest deductibility, anti-hybrid measures and mandatory disclosure. These and other proposals will have an impact on a wide range of tax issues, both domestic and international. Many of the proposals will apply retroactively to the date of announcement, making it important for taxpayers to track the progress of and amendments to the draft legislation to plan and ensure compliance...

Read or listen to this Legal Year in Review 2022 article