Contributing Lawyers

Canada

Cyndee Todgham Cherniak

United States

Susan Kohn Ross

Australia

Andrew Hudson



Canada is Open For Business - New Corporate Income Tax Cuts

On October 30, 2007, Minister Flaherty announced corporate and personal income tax cuts that passed in the House of Commons on October 31, 2007.  The corporate income tax cuts signal that Canada is open to foreign...

Canadian Dollar Hits 1.0617, A 130 Year High

On October 31, 2007, the Canadian dollar closed at its highest point in 130 years - at $1.0617 to a U.S. dollar.  The increase is, in part, the result of the U.S. Federal Reserve rate cut.  Canadians are not talking...

Canada's 1% GST Reduction Passes in the House of Commons

I reported yesterday that:

On October 30, 2007, Minister Flaherty announced at 4:00PM in a mini-budget that the Government of Canada would reduce the goods and services tax (GST) rate from 6% to 5% on January 1, 2008.  This...