REVIEW THOSE OFFSHORE HOLDINGS

Authors
PARSONS RB
Citation
Rb. Parsons, REVIEW THOSE OFFSHORE HOLDINGS, CIM bulletin, 88(993), 1995, pp. 74-75
Citations number
NO
Categorie Soggetti
Metallurgy & Metallurigical Engineering","Mining & Mineral Processing
Journal title
CIM bulletin → ACNP
ISSN journal
03170926
Volume
88
Issue
993
Year of publication
1995
Pages
74 - 75
Database
ISI
SICI code
0317-0926(1995)88:993<74:RTOH>2.0.ZU;2-1
Abstract
In the February 1994 federal budget, Paul Martin introduced proposals designed to curtail perceived abuses in the use of offshore holding co mpanies by Canadian multinational corporations. These changes became l aw on June 22, 1995, generally for taxation years which commence after 1994. To appreciate fully the changes which have been made, it is hel pful to briefly review the old rules.