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IFIC Welcomes CRA Decision to Defer Application of Advantage Rules to Investment Management Fees Sources News Release
http://www.sources.com/Releases/NR2909.htm
Publisher: The Investment Funds Institute of Canada (IFIC) Date Written: 29/09/2017 Year Published: 2017 Resource Type: Article
Toronto, ON - September 29, 2017 - The Investment Funds Institute of Canada (IFIC) welcomes the Canada Revenue Agencys recent decision to defer by one year, to January 1, 2019, application of the "advantage rules" to the tax treatment
Abstract: Toronto, ON - September 29, 2017 - The Investment Funds Institute of Canada (IFIC) welcomes the Canada Revenue Agencys recent decision (https://taxinterpretations.com/cra/severed-letters/2017-0722391e5) to defer by one year, to January 1, 2019, application of the advantage rules to the tax treatment of investment management fees.
"We appreciate the CRAs decision to postpone implementation to allow time for investors and the industry to prepare for these changes," says Paul C. Bour... To read the full release go to http://www.sources.com/Releases/NR2909.htm
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