Submissions to Government

PMAC Submission on Proposed Technical Amendments to Prohibited Investment Rules

The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation and Tax Committee, is pleased to have the opportunity to submit the following comments regarding in response to the Department of Finance’s package of draft legislative proposals (the “Draft Legislation”) relating to a number of technical changes to the Income Tax Act (the “Act”) and the Income Tax Regulations that was released on December 21, 2012.

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