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Proposed technical amendments to clarify tax rules applicable to specified investment flow-through entities

|Proposed Changes|Canada
Canada

The Minister of Finance announced on 20 December 2007 proposed technical amendments to further clarify the tax rules that apply to specified investment flow-through entities (SIFTs). The SIFT rules, enacted in June 2007, were part of the government's 31 October 2006 Tax Fairness Plan .

Among the proposed amendments is the removal of the distinction between Can…

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