PwC´s Report on Canada´s International Tax Advantage

The Advisory Panel on Canada's System of International Taxation released its long-awaited final report on December 10, 2008. The report offers seventeen main recommendations, which, together with ancillary recommendations and suggestions, are intended to be "pragmatic, balanced and actionable advice to the Minister of Finance toward improving Canada's international tax system for the benefit of our country."A PricewaterhouseCoopers Tax Memo discusses the Panel's recommendations under the following headings:A. Taxation of Outbound Direct InvestmentB. Taxation of Inbound Direct InvestmentC. Non-Resident Withholding TaxesD. Administration, Compliance and Legislative Process.

Access the full PwC report on the Advisory Panel's recommendations here (pdf)