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05 August 2019

Canada's Department of Finance releases draft legislation for 2019 budget measures

The Department of Finance released for public comment on July 30, draft legislative proposals (and accompanying explanatory notes) to implement measures remaining from the 2019-20 federal budget, as well as revisions to the recently enacted measures concerning accelerated capital cost allowance (CCA) and resource expenses. Interested parties are invited to provide comments on the draft legislative proposals by October 7.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2019-1415

 

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