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For summaries of the most recent regional, national and international news stories pertaining to chartered accountants and the Alberta CA profession, please see the articles below.
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Simplifying Canada’s tax system would make the country more competitive and allow both individuals and business prosper according to the Canadian Institute of Chartered Accountants (CICA). The CICA outlines the recommendations of its pre-budget submission before the House of Commons Standing Committee on Finance in Ottawa on October 18, 2011. “Tax regulations are among the top four problematic factors cited by executives for doing business in Canada, according to the World Economic Forum,” says Gabe Hayos, vice-president, Taxation, CICA. “A willingness to seek change must be emphasized in the tone from top. We are calling on the government to establish a national consultation process to reduce the complexity of Canada’s tax system and ease the regulatory burden placed on Canadian businesses.” http://www.cica.ca/news/media-centre/media-releases-and-backgrounders/2011/item53262.aspx
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