What if, by the government's official estimates, that report would create a burden of about 536 hours a year at a cost of about $17,000? I guess that would still qualify. Would it qualify for tax fairness? Because when it comes down to it, as small businesses, we all want to make a profit. I can't imagine my paying $17,000 to fill out documentation.
This, by the way, is coming from the U.S. government, when they calculated the impact their reporting regulations would have on unions.
I see you're nodding your head so I'm glad we agree. Given that Bill C-377 is based on these regulations, I have no reason to believe the estimate would be any different for Canadian organizations under Bill C-377.
Again, would this fit your definition of red tape?