Demoralized and defanged at the outset of the COVID-19 pandemic, the Employment Insurance (EI) system gave way to a new campaign for supporting Canadians in their time of need. The Canada Emergency Response Benefit (CERB) was designed to serve as a buffer against economic misfortune that would eventually expire. However, with the recent extension of […]
Monthly Archives: July 2020
Corporate Tax Reform for Developing Countries
Revenues from the corporate income tax are especially important to developing countries, which, largely because of their low per capita incomes, have greater difficulty than wealthier countries in collecting broad-based taxes like the personal income tax and the VAT. Much of the corporate tax revenue of developing countries comes from multinational companies which have […]
“Think About the Why of Spending Before the How of Paying” and Remember, “Luck Has a Lot to Do With It” – Ed Kleinbard’s Legacy
This is not an obituary, at least it is not meant to be. However, I suppose it could be. Ed Kleinbard is one of the most profound, straightforward and intellectually honest “thinkers” in taxation of his and our time – and I would say, given his experience with advising on, crafting and commenting on […]
Week in Review - July 3, 2020
OECD Publishes Reporting Framework for the Gig and Sharing Economy: Today (Friday, July 3rd), the OECD published model rules that governments may adopt which requires platform operators such as Uber and AirBnB to collect data on their sellers and report that information to tax administrations for compliance purposes. The rules are intended to provide a […]