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IFIC Welcomes Budget Measure to Allow Tax-Deferred Merger of a Mutual Fund Corporation into Trusts
Sources News Release
http://www.sources.com/Releases/NR2827.htm
Publisher: The Investment Funds Institute of Canada (IFIC)
Date Written: 23/03/2017
Year Published: 2017
Resource Type: Article
Toronto - March 23, 2017 - The Investment Funds Institute of Canada (IFIC) welcomes the government's decision, announced in yesterday's federal budget, to permit the tax-deferred merger of a mutual fund corporation into mutual fund trusts.
Abstract: Toronto - March 23, 2017 - The Investment Funds Institute of Canada (IFIC) welcomes the government's decision, announced in yesterday's federal budget, to permit the tax-deferred merger of a mutual fund corporation into mutual fund trusts.
We commend the minister and his officials for working with the industry to provide the hundreds of thousands of investors in these funds, including people of modest means, with a smooth and equitable transition to the trust in a manner that is tax ne...
To read the full release go to http://www.sources.com/Releases/NR2827.htm
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