Canada to Prioritize Tax Rulings for Large Investment Proposals

Canada will prioritize advance income tax ruling requests for investments of at least C$1 billion. The fast track is intended to give large investors earlier clarity on how Canadian tax law would apply. CRA's standard is 90 days. It did not specify the new timeline. www.bloomberg.com/ne...

Scoop from @erikhertzberg.bsky.social ahead of Carney's investor summit: Canada will prioritize requests for income tax clarity related to investments of at least C$1 billion, a move meant to help international firms seeking to deploy capital www.bloomberg.com/news/article... @bloomberg.com