James Munson
Correspondent at Bloomberg News
Correspondent at Bloomberg Tax
Correspondent @environment and @tax. Formerly @ipoliticsca, @corporateknight, Child Soldiers Initiative, @jhrnews and @yukon_news. He/him/his.
Articles
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1 week ago |
news.bloombergtax.com | James Munson
A compromise position allowing a US minimum tax to work alongside the OECD’s global minimum tax is preferable to open-ended retaliation between countries over their tax regimes, a top Canadian tax official said Wednesday.
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1 week ago |
news.bloombergtax.com | James Munson
Canadian companies are using a boost in their cash flow offered by a federal tax deferral to manage higher expenses stemming from US tariffs, but need more help as the trade war drags on, businesses and tax advisers said. The deferral, which waives interest on tax payments and freezes interest on existing balances during a three-month period, has given companies financial space to adjust their operations in the immediate aftermath of American duties, tax specialists said.
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1 week ago |
news.bloombergtax.com | James Munson
Growing US opposition to foreign taxes affecting American companies is stoking expectations among tax specialists that Canada may backtrack on two planned tax measures. US House passage last week of a tax bill mechanism to retaliate against foreign “unfair” taxes came just weeks before large tech companies are due to make the first payments under Canada’s digital services tax, a levy that’s a major source of friction between the North American neighbors.
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1 week ago |
news.bloombergtax.com | James Munson
A United Nations effort to help developing countries win more tax disputes is sparking worry that companies could lose access to what they see as fair hearings over abusive government powers. The new UN guidance prioritizing a nation-centric dispute resolution process over one that gives companies more control might steer businesses away from some countries, raise the cost of investments, and weaken governments’ plans to lure capital, among other harms, critics say.
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2 weeks ago |
news.bloombergtax.com | James Munson
Canada’s high court will hear a Bank of Nova Scotia tax dispute with the Canada Revenue Agency over C$7.93 million ($5.7 million) in interest stemming from a loss carryback. The Supreme Court of Canada said Thursday it would hear the bank’s appeal of November’s Federal Court of Appeal ruling that found the tax agency calculated the interest properly.
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Racking my brain a bit here, but I don't remember the last time I saw a minister in an ad for an industry group.
The #mining sector will play a critical role in supplying the #minerals and #metals for batteries and other technologies needed in the clean economy. This makes good sense for the planet and for the economy.
RT @benwansell: Political Theory Comparative Politics Formal Theory International Relations https://t.co/iOsMJ94aDA
RT @jacoblorinc: Norton Rose Fulbright, one of Toronto's big Bay St. law firms — with an extensive Russian client list — has issued a firm-…
