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Taxation

Tax policy, as it applies both to investment funds and individual investors, is an important area of SIMA comment and advice.

SIMA works with its members to develop positions on tax policy and technical issues for submission to federal and provincial governments in Canada. We serve as a resource for tax officials seeking to better understand the impact on the fund industry and investors of specific tax proposals.



Documents

2003
Submission to Federal Government (Finance Canada) - Blanket Extension of Time to Make Tax Filings After Mutual Fund Mergers (June 25, 2003)

2002
Submission to Federal Government (Finance Canada) - Regulation 4801 under the Income Tax Act (November 6, 2002)

Submission to Federal Government (Finance Canada) - Allocation of Capital Gains (June 28, 2002)

Submission to Federal Government (Finance Canada) - Affiliated Persons - Trusts - Suspended Loss Rules (May 7, 2002)

Submission to Federal Government (Finance Canada) - Capital Gains Redemptions (March 8, 2002)

2001
Submission to Federal Government (Finance Canada) - Section 115.2 of the Income Tax Act (Canada) (June 5, 2001)

Submission to Federal Government (Finance Canada) - Proposed Sections 94, 94.1 and 94.2 of the Income Tax Act (Canada) (February 16, 2001)

Submission to Federal Government (Finance Canada) - Comments on December 21, 2000 Draft Legislation (February 9, 2001)

Submission to Federal Government (Finance Canada) - Bill C-43 and Draft Legislation to Amend the Income Tax Act (Canada) (January 26, 2001)

2000
Submission to Federal Government (Finance Canada) - Suspended Loss Rules (August 24, 2000)