2013 in Review: Canadian Tax Highlights

Event colour key:



Major federal tax happenings
Provincial and territorial budgets
Major tax cases
Other tax happenings

 
January
February
07

Northwest Territories Budget

08
19
27

Nunavut Budget

April
04

Nova Scotia Budget

16
June
03

Proposals to limit access to graduated rates for trusts and certain estates

26

Bill C-60 (first 2013 budget bill), Economic Action Plan 2013 Act, No. 1 gets royal assent This bill implements some minor federal budget initiatives.

Bill C-48, Technical Tax Amendment Act, 2012, gets royal assent (Comprehensive package of technical income tax legislation: culmination of legislative developments that started 10 years ago)

Tax Insights: Canada’s new non-resident trust rules: What they mean for global equity plans

Tax Insights: Non-resident trust rules enacted: Transitional measures to consider

Tax Insights: Bill C-48 gets royal assent: Implications for Canadian companies with foreign affiliates

27
July
11

Proposed technical changes to the character conversion rules

12
August
12
16

Draft legislative proposals on technical changes to the foreign affiliate dumping rules

23

Draft legislative proposals to modernize the exemption test and other life insurance policyholder taxation rules

September
October
December
12

Bill C-4 (second budget bill), Economic Action Plan 2013 Act, No. 2 gets royal assent

Tax Insights: Alert for financial services industry: Measures of interest in Bill C-4 (2013 budget bill)

13