Product Description

This is a comprehensive resource with expert insights, detailed annotations, and updated amendments – all in a portable, two-volume format. It features extensive tax rate tables and the full text of the Canada-U.S. and Canada-U.K treaties.

New developments in this edition include:

• S.C. 2023, c. 26 (Bill C-47), Budget Implementation Act, 2023, No. 1: Certain 2023 Budget measures and previously released proposals
• S.C. 2023, c. 11 (Bill C-46), Cost of Living Relief Act, No. 3: Grocery rebate (additional GST/HST Credit payment)
• March 28, 2023, Federal Budget measures not included in Bill C-47 (Notice of Ways and Means Motion, Supplementary Information, Budget Plan)
• June 6, 2023 draft legislation: Transfer pricing rules in ITA 247 (Finance consultation paper)
• Bill C-241 (Second Senate Reading June 8, 2023): Deduction of travel expenses for tradespersons (ITA 8(1)(q.1))
• S.C. 2023, c. 14 (Bill C-41), S.C. 2023, c. 17 (Bill C-22), Bill C-42 (First Senate Reading June 22, 2023), Bill C-49 (First Reading May 30, 2023): Consequential ITA amendments
• April 1, 2023 entry into force of First Home Savings Account (FHSA) rules
• Various announcements from Finance, CRA, and other government departments providing administrative relief, etc., and indicating possible legislative amendments