WHAT’S HAPPENING
PMAC responded to the Department of Finance’s consultation about proposed amendments to Canada’s Income Tax Act regarding enhanced reporting requirements for trust reporting and the proposed excessive interest and financing expense limitation (EIFEL) rules. PMAC welcomes the additional clarity to the enhanced trust beneficiary reporting...
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...Canadian Sustainability Standards Board draft standards PMAC responded to the Canadian Sustainability Standards Board (CSSB) consultation survey on its first two standards, general requirements regarding sustainability-related financial information (CSDS 1) and climate-related disclosure requirements (CSDS 2). These drafts mirror the standards issued by the International...
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