Sure.
I think the basic idea in phasing out the additional deduction is to put credit unions and caisses populaires on a level playing field, a level tax playing field, with other corporations.
On May 9th, 2013. See this statement in context.
On May 9th, 2013. See this statement in context.
Geoff Trueman Director, Business Income Tax Division, Tax Policy Branch, Department of Finance
Sure.
I think the basic idea in phasing out the additional deduction is to put credit unions and caisses populaires on a level playing field, a level tax playing field, with other corporations.
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