{"id":124,"date":"2012-09-24T16:19:13","date_gmt":"2012-09-24T16:19:13","guid":{"rendered":"https:\/\/thor.ca\/\/blog\/?p=124"},"modified":"2025-02-12T13:29:35","modified_gmt":"2025-02-12T21:29:35","slug":"joint-committee-submits-further-report-to-finance-on-fa-dumping-proposals","status":"publish","type":"post","link":"https:\/\/www.thor.ca\/blog\/2012\/09\/joint-committee-submits-further-report-to-finance-on-fa-dumping-proposals\/","title":{"rendered":"Joint Committee submits further report to Finance on FA dumping proposals"},"content":{"rendered":"<p>On September 13, 2012, the Joint Committee (of the CBA and CICA) submitted a host of technical concerns with the proposed new rules relating to \u201cforeign affiliate dumping\u201d.\u00a0 Broadly, these new rules target any investments in a foreign affiliate made by any Canadian company that is, itself, controlled by a foreign corporation (such structures are common among foreign multinational corporations).\u00a0 The Joint Committee further reiterated their larger concern (shared by many) that these new rules curtail both \u201cdebt dumping\u201d and \u201csurplus stripping\u201d in one package.\u00a0 Instead, a separate set of focused rules \u2013 to implement legitimate policy concerns in each of these areas \u2013 would greatly reduce the inappropriate results currently seen in the proposals.\u00a0 Finally, the Joint Committee stressed that further study is warranted to examine whether legitimate policy concerns can be met without adversely (and inappropriately) impacting the broader Canadian economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 13, 2012, the Joint Committee (of the CBA and CICA) submitted a host of technical concerns with the proposed new rules relating to \u201cforeign affiliate dumping\u201d.\u00a0 Broadly, these new rules target any investments in a foreign affiliate made&hellip;<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-124","post","type-post","status-publish","format-standard","hentry","category-corporate-tax"],"_links":{"self":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/comments?post=124"}],"version-history":[{"count":1,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/124\/revisions"}],"predecessor-version":[{"id":2861,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/124\/revisions\/2861"}],"wp:attachment":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/media?parent=124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/categories?post=124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/tags?post=124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}