Tuesday, March 27, 2007

Torrid Canadian M&A scene bolstered by budget

March 26 - Investment News - The federal budget unveiled last week allows the Canadian government to remove withholding tax on arm’s-length interest payments under the Canada-U.S. Tax Treaty and with other countries. “This will increase capital inflow into Canada by reducing the tax burden a company has to pay,” said Heather O’Hagan, associate tax partner at Toronto-based KPMG LLP, part of KPMG International. Read More.

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