Finance committee  Not really, just small little nits here and there.

Finance committee  That's an interesting question. The most obvious is the United States. I'm watching the lead of some of my colleagues. We have eight U.S. tax lawyers in our practice, so we're watching how they analyze U.S. tax legislative changes. It's quite different from Canada. By no means am

Finance committee  That's a great question.

Finance committee  I would suggest that it's much more than faint praise. As I said in my opening remarks, I commend the Department of Finance for getting this legislation on the table; however, with such a huge piece of draft legislation, it's not unusual that there will be some technical deficien

Finance committee  Ideally, it would be, as I said in my notes. If I had to place Adam Smith's principles, certainty and fairness are above, in my view; they are the more important. As I mention in my notes, how do we give proper advice to clients if we don't know what we're dealing with?

Finance committee  I'm impressed you read my blogs.

Finance committee  The impact is going to be significant, in the sense that we now have an increased 13% lift on the tax rate, whereas it used to be somewhat neutral to carry on through a personal services business corporation, and to a certain extent advantageous. The hammer prior to the reduction

Finance committee  Absolutely. Do I support personal services business corporations? Not at all. The point in what I was writing was that if you're going to carry on this dangerous game of carrying on your business through a personal services business corporation, then you'd better beware. I, by no

Finance committee  I love it.

Finance committee  The non-resident trust rules are quite controversial—they're the ones I mentioned—and the restrictive covenants. I support the restrictive covenant proposals. I think it's offensive that people should be receiving such amounts tax free. But the legislation itself is so broad—it's

Finance committee  I would agree. I've read some of the transcripts and discussion about sunset clauses and I don't agree at all; there are very good reasons for not having them. A quick example is the restrictive covenant proposals. They were specifically introduced as technical amendments to co

Finance committee  Good morning, Mr. Chairman, honourable members. Thank you for the invitation to appear before your committee to speak to you about Bill C-48. My name is Kim Moody. I'm a tax practitioner from Calgary, Alberta, and a partner in a unique tax advisory practice comprised of approxi