Taxation
Tax policy, as it applies both to investment funds and individual investors, is an important area of IFIC comment and advice.
IFIC works with its members to develop positions on tax policy and technical issues for submission to federal and provincial governments in Canada. We serve as a resource for tax officials seeking to better understand the impact on the fund industry and investors of specific tax proposals.
Documents
2015
Investment Funds Industry Coalition Letter – India Department of Revenue – Application of Minimum Alternate Tax (June 22, 2015)
Joint letter from 15 investment funds industry associations worldwide urging that India's minimum alternate tax not apply to foreign institutional investors
2014
Ontario Ministry of Finance Comfort Letter regarding the Ontario Surtax
Relief for Mutual Fund Trusts Residing in Ontario
2012
2011
Joint letter from 15 investment funds industry associations worldwide urging that India's minimum alternate tax not apply to foreign institutional investors
Relief for Mutual Fund Trusts Residing in Ontario