Mr. Speaker, tax season is here again and the government has still done nothing to plug the outrageous tax loophole where businesses can deduct fines as a business expense.
The minister said that most of the claims were denied but she knows full well that they succeed on appeal and that is why the Supreme Court said that Parliament must change the act to deal with the issue.
Why will the government not amend the Income Tax Act to ensure that no one in the country will ever again get a tax deduction for breaking the law?