Tax & Accounting Blog

Country-by-Country Reporting Proposals Achieve Royal Assent in Canada

Country-by-Country Reporting Proposals Achieve Royal Assent in Canada

On December 15, 2016, Bill C-29 (“Bill”) received Royal Assent by the Canadian Parliament, implementing certain proposed and confirmed provisions from the March 22, 2016 budget. The Bill includes amendments to the Income Tax Act (“Act”) with respect to CbC reporting (proposed in March 22 budget) and the common reporting standard for the … Read More

Fighting Income Inequality on the Wrong Battlefield

Fighting Income Inequality on the Wrong Battlefield

David Brunori is a partner at Quarles and Brady and a Professor at The George Washington University. The Portland, Oregon city council recently voted to impose a unique (and uniquely bad from a policy perspective) tax on corporations. The tax will address “income inequality” in Portland, presumably by making everyone poorer. If the law goes … Read More

Think Outside the Box This Year!

Think Outside the Box This Year!

Author: Ankita Bajaj Every holiday season we all notice that our waist bands get a little bigger and our wallets get a little thinner. My family spends so much time feasting around the table that Christmas gift shopping becomes a last minute dash. The siblings in my home are always scurrying around trying to find … Read More