A Taxing Effort

MacFadyen, Ken
April 2007
Investment Dealers' Digest;4/2/2007, Vol. 73 Issue 13, p6
Trade Publication
The article focuses on the implications carried out by changing the tax codes in Canada. According to Canadian finance minister Jim Flaherty, a variety of tax changes could impair some of the cross-border mergers and acquisitions. The International Tax Fairness Initiative is the primary factor that could affect some dealmakers as it would alter the tax code to prevent Canadian multinationals from borrowing funds in the country to finance foreign operations.


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