Stay abreast of the latest changes affecting the 2013 tax year with accurate and up-to-date information – available in the spring edition of the Canadian Income Tax Act with Regulations, Annotated from CCH Canadian.

The 95th edition continues the CCH practice of providing valuable cross-references and editorial notes from leading tax experts to assist you with Canada’s complex tax laws. The various types of related information are clearly identified, making it easy to find the answers you need to make smart decisions quickly.

The Canadian Income Tax Act with Regulations, Annotated encompasses all the latest developments that are essential to tax professionals, including:

• The full text of the Income Tax Act and Regulations as amended to February 2013
• Legislation from Bill C-45, the Jobs and Growth Act, 2012 implementing 2012 Budget measures including:
  • New foreign affiliate dumping rules and amendments to thin capitalization rules
  • Changes to investment tax credits
  • SR&ED rules
  • Partnerships
  • Employee profit sharing plans
  • Retirement compensation arrangements
  • Registered disability savings plans
  • New pooled registered pension plan provisions
• Bill C-44, the Helping Families in Need Act – consequential amendments to the Income Tax Act
• Other proposals including:
  • Bill C-48, the Technical Tax Amendments Act, 2012 – consolidates
  • Technical amendments from past years
  • Provisions for non-resident trusts
  • Foreign affiliates
  • Certain measures from the 2010 Budget including:
    • Reporting tax avoidance transactions
    • Foreign tax credit generators
    • Loss trading re SIFT conversions
  • Bill C-377, An Act To Amend the Income Tax Act (requirements for labour organizations) – private member’s bill regarding information to be disclosed by labour organizations
  • Draft legislation released July 25, 2012 regarding stapled securities, instalment rules for SIFT trusts and SIFT partnerships and withholding tax on certain amounts that are payable from a Canadian resident trust
  • Draft legislation released November 27, 2012 regarding Canadian banks with foreign affiliate
  • Draft legislation released December 21, 2012 regarding additional technical changes
  • Amendments to Regulations on a variety of issues
• Department of Finance comfort letters, and news releases reproduced following the provision to which they relate
• New and updated editorial notes with explanations, tips and traps
• Updated charts and cross-references to other sources of information, including:
  • Related sections of the Act and Regulations
  • Bulletins, Circulars and Technical News
  • CRA forms and guides
  • CCH newsletter articles
  • Canadian Tax Foundation articles
  • Canadian Petroleum Tax Journal articles
  • Key case annotations
• Full text history notes
• Canada-U.S. and Canada-U.K. Tax Conventions as amended by Protocols
  • with full text history notes
• Technical explanations to the Canada-U.S. Tax Convention and Protocols
• Interpretation Act
• The Income Tax Conventions Interpretation Act
• Remission orders
• Numerous quick reference charts including tax rates and credits, automobile, mileage, interest, exchange, withholding tax and CCA rates, deadlines, offences and penalties

Other features in the Canadian Income Tax Act with Regulations, Annotated make it easier and faster to use:

• Shading of:
  • proposed legislation
  • comfort letters
  • news release
  • budget extracts
• Tax calendar
• Integration tables from PricewaterhouseCoopers LLP
• 2013 and 2012 tax rates and credit tables from PricewaterhouseCoopers LLP

Editorial Board - As of January 2012

• Joseph Frankovic LL.B., LL.M., Ph.D., CFA Member of the Ontario Bar and the adjunct faculty of Osgoode Hall Law School
• Larry Murray B. Comm. F.C.A.
• Fraser Milner Casgrain LLP
  • Paul Bleiwas LL.B.
  • Jules Lewy B.C.L., LL.B.
  • Zahra Nurmohamed LL.B., J.D.
  • Matthew Peters LL.B., LL.M.
  • Tony Schweitzer LL.B., LL.M.
• Minden Gross LLP
  • David Louis B.Com., J.D., C.A.
  • Samantha Prasad B.A., LL.B.
• PricewaterhouseCoopers LLP
  • Ruby Lim C.A.
  • Sheyl Mapa C.A.
  • Louis Provenzano C.A.
• Thorsteinssons LLP
  • Michael Colborne LL.M.
  • Michael McLaren B.Sc., LL.B.
• CCH Canadian Limited
  • Robert Boucher C.A.
  • Susan Peart C.A., LL.M
  • Robert Spenceley M.A., LL.B