Canadian commodity and excise tax issues.

Tax ExecutiveVol. 48 Nbr. 1, January 1996

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Summary


Tax Executives Institute Canadian Commodity Tax Committee

Canadian provincial and federal finance authorities should focus on harmonizing their commodity and excise tax schemes. Harmonization would promote economic efficiency and growth by reducing compliance burdens. Harmonization efforts should focus on the visibility of the goods and services taxes, the operation of input credits, minimizing administrative costs, industry-specific concerns, and allocation of these taxes among the provinces.

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Extract


Canadian commodity and excise tax issues.

In connection with Tax Executives Institute's December 6, 1995, liaison meeting with the Canadian Department of Finance on commodity and excise tax issues, Tax Executive...

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