Executive Summaries Feb 7, 2019

Is Canadian Taxation Fair?

Do our tax laws comply with the concept of neutrality? Do the rules for taxation in this country include any distortions? Under the leadership of Raymond Chabot Grant Thornton, experts have sought to determine whether Canada's tax rules are neutral.

In collaboration with Luc Lacombe, partner at Raymond Chabot Grant Thornton

Taxation is currently being rethought on an international level by major institutions, which are attempting to modernise tax systems and ensure compliance with a fair tax contribution. In terms of the need for changes to taxation, Canada is no exception to the rule. 

Luc Lacombe, tax partner at Raymond Chabot Grant Thornton, alongside Brigitte Alepin and Manon Deslandes, professors at the Department of Accounting at the École des Sciences de la Gestion de l'UQAM (ESG UQAM) examined the issue and concluded that the current tax system contains a number of significant breaches of neutrality which affect Canadian families. 

Their groundbreaking study on family taxation in Canada not only presents the current tax system from a number of different perspectives but also provides other avenues to explore as part of a redesign process.

Download the RCGT study here.

To learn more about the state of the economy in Quebec, register for our Corporate Financing Strategic Forum, which will be held on Tuesday, 19 February 2019 in Montreal and Quebec City.

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