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… One reason for the changes, and the complexity, is a feeling within government that there is a lack of compliance in certain tax areas, said Kim Moody [CA], national treasurer and deputy chair of the Society of Trust and Estate Practitioners (STEP) Canada. “There is a general feeling that there’s a whole bunch of abuse out there. The Department of Finance wants to capture that abuse as broadly as possible. As a result, rules are created that are often incomprehensible.”... http://www.thebottomlinenews.ca/index.php?section=article&articleid=341
Donalee Moulton
The Bottom Line News