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ARTICLE · 28 MARCH 2011

Highlights of Canada’s 2011 Federal Budget

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The federal budget tabled on March 22, 2011 (the 2011 Budget) contains a number of proposed amendments to Canada’s Income Tax Act (Tax Act).

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Corrado Cardarelli
Corrado Cardarelli
Anjali Navkar
Anjali Navkar
Andrew Wong
Andrew Wong
Grace Pereira
Grace Pereira
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The federal budget tabled on March 22, 2011 (the 2011 Budget) contains a number of proposed amendments to Canada's Income Tax Act (Tax Act). In this bulletin, we focus on (i) certain business income tax measures designed to limit tax deferrals and strengthen "stop-loss" rules; (ii) certain business income tax incentives relating primarily to capital cost allowance (CCA) claims; (iii) certain business income tax measures relating to oil sands properties; (iv) certain anti-avoidance personal income tax measures; and (v) certain personal income tax benefits primarily in the form of additional tax credits.

Proposed Business Income Tax Measures to Limit Deferrals and Losses

Partnership Tax Deferrals for Corporate Partners

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