Media Advisory - Is it time Canada taxed all financial services?

TORONTO, Sept. 12, 2012 /CNW/ - The treatment of financial services (mutual funds, insurance, advisory services, loans, etc.) under the GST has been a contentious issue ever since the tax was implemented 20 years ago. Depending on what is being exchanged and who is involved, certain transactions get taxed and others don't. Has the time come for Canada to scrap these GST exemptions altogether? Or is there a better way of reforming how financial services get taxed?

These questions will be answered at an upcoming event in Toronto hosted by The School of Public Policy. Professors Jack Mintz and Ken McKenzie, and Michael Firth of PwC, will present the findings of a new report that offers direction to government on this major taxation issue.

What:						Financial Services and the GST in Canada - featuring Jack Mintz, Ken McKenzie and Michael Firth
When:						Friday, September 14, 2012 Presentation - 12:30 p.m. EST Presenter availability/media scrum - 1:30 p.m. EST
Where:						Royal York Hotel Tudor 7/8 Room 100 Front Street Toronto, ON

 

SOURCE: The School of Public Policy - University of Calgary

For more information media should contact:

Morten Paulsen
403.399.3377
[email protected]