SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: ldo791/30/2007 11:26:10 AM
  Read Replies (2) of 206299
 
Canada's Flaherty rejects extending trust tax break
Tue Jan 30, 2007 11:23 AM ET

OTTAWA, Jan 30 (Reuters) - Canada will not extend a four-year transition period before taxing income trusts, Finance Minister Jim Flaherty reiterated on Tuesday.

Flaherty made the remarks in a prepared text before appearing at a parliamentary finance committee to defend his October 2006 decision to tax trusts, starting in 2011.

In the text of his speech, Flaherty also said it would be a mistake to give a permanent tax holiday to energy trusts and said it would cost Ottawa C$3 billion ($2.5 billion) to extend the transition period to 10 years.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News