The finance department official told us that, for the moment, there was no mechanism for redistributing that tax between Ottawa and the provinces, or for the provinces that collect the taxes themselves, for that matter.
My question here isn't about redistributing the federal tax that will be collected. I want to know who will be responsible for collecting it.
Consider, for example, a multinational corporation registered in Quebec that reports profits in Barbados and that pays no tax or only a more symbolic amount close to zero. Under part 2 of the bill, who will collect the 15% of profits that the multinational registered in Montreal reports in Barbados? Is it the CRA or Revenu Québec?