The need for tax simplification a challenge and an opportunity

Clark, Cecil Scott 1944- (Author). Farber, Len. (Added Author). Certified General Accountants' Association of Canada. (Added Author). Canadian Electronic Library (Firm) (Added Author).

Summary: "For the average taxpayer, Canada's tax legislation is out-dated, unclear and challenging to understand, often requiring the services of professional accountants and lawyers. Even for tax practitioners and professionals, there is a strong belief that filing requirements are unnecessarily complicated and that decisions and interpretations are difficult to obtain on a timely basis. For Canada's SME sector, in addition to the costs associated with an unsustainable compliance burden, businesses often pay an even greater price in terms of lost opportunities -- time that could be better spent on much more productive endeavours instead of determining how much tax to pay. In sum, there is a multitude of reasons and widespread public support in favour of making needed improvements to Canada's tax system."

Record details

Physical Description: electronic resource
remote
image/jpeg
image/jpeg
1 electronic text (21 p.) : digital file.
Publisher: Burnaby, B.C. : Certified General Accountants Association of Canada, 2011

Content descriptions

General Note:	"August 2011". Issued as part of the desLibris documents collection.
Formatted Contents Note:	Foreword -- Introduction -- The nature of tax complexity: The need to be responsive; The need for fairness; The need for certainty; The need for tax revenues -- The evolution of the personal income tax (PIT) system -- The need for a PIT review -- The need for a CIT review -- Why now? -- Closing comments -- References.
System Details Note:	Mode of access: World Wide Web.