Finance committee  Both the existing labour mobility deduction that was implemented through the Budget Implementation Act and this deduction in Bill C-241 are deductions, so they're both amounts that an employee deducts from income and not tax credits.

Finance committee  I guess you're talking about situations where someone is carrying on a business. In those situations, it's a question of what's reasonable in the circumstances.

Finance committee  There's no dollar limit in general for business expenses. It depends on what's appropriate.

Finance committee  Right now, when someone receives post-doctoral fellowship income, it's included in their income for purposes of calculating their taxes, so it's effectively taxed like employment income. However, there's a historical anomaly where it was not included in earned income for the purp

Finance committee  Those are questions the department is working on, on an ongoing basis. The pillar two rules would result in a significant change in our tax system. We also, obviously, already have existing rules dealing with foreign companies that are owned by Canadian companies in dealing with

Finance committee  Since the subsidies were introduced at the beginning of COVID-19, there has always been a relatively short timeline during which entities had to apply for the subsidy. Under the current law, it's 180 days from the end of the qualifying period. This is relevant to the wage subsidy

Finance committee  Thanks for the question. Yes, I can confirm that the government is continuing to work with other countries on pillar one negotiations, and the department itself is very busy continually working with other countries to advance that. In the budget, the government confirmed that th

Finance committee  I'm sorry, but I don't think we actually have anyone on the call who can speak about the Canadian innovation. We could speak to some of the measures in part 1 of the bill or in parts 2, 3 or 4 that are intended to allow for innovation and for increased growth in the economy, but

Finance committee  I don't think there would be anyone on this call who could answer that. These are all tax people from the Department of Finance, so there might be someone on Thursday who would be able to answer that question.

Finance committee  I think the answer to your question was provided yesterday by people who are in a better position to give you an answer than the officials on this call today. I can appreciate that you were not satisfied with the answer you received yesterday. In terms of those of us who are her

Finance committee  Hi. It's Lindsay Gwyer from the tax legislation division. I believe that is in part 5 of the bill. There's no one here today to talk about those measures. I think there will be people here, I assume, on Thursday who could answer that question.

Finance committee  The technical briefing given last week was on the notice of ways and means motions. The items in part 1 of the bill—the income tax part—are all the same. What's in the BIA is the same as what was in the notice of ways and means motion, so there's nothing additional. My understand

Finance committee  Yes, I can answer that question. The refund is set up based on a calculation of eligible farming expenses, which is basically expenses that are deductible for tax purposes, with some limited exceptions.

Finance committee  There are no adjustments in the legislation for different types—