Mr Lindsay J Holmes

Lindsay J Holmes


Corporate Tax

Federal Budget 2015 – a budget to run on
Canada | May 15 2015

The minister of finance recently tabled the government's 2015 Federal Budget, which proposes a number of business income tax, international tax, personal income tax and charity measures. The government's intentions in introducing these measures are to improve the fairness and integrity of the tax system, help the economy to grow, spur job creation and reduce the tax compliance burden.

Canada Facilitates Conversions of Income Trusts into Corporations
Canada | August 15 2008

The Canadian minister of finance recently released the long-anticipated draft legislation and accompanying explanatory notes in connection with the conversion of specified investment flow-through (SIFT) trusts and SIFT partnerships into corporations. The draft legislation takes into account the different ownership structures used by income trusts.