The Canadian Institute of Chartered Accountants / L’Institut Canadien des Comptables Agréés
Registration:
10
of
11
(2001-03-23
to
2001-09-12)
Subject Matter: Retrospective:
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IN THE PREVIOUS SIX MONTHS, THE CICA HAS DEALT WITH THE DEPARTMENT OF INDUSTRY, THE DEPARTMENT OF FINANCE AND THE STANDING SENATE COMMITTEE ON BANKING, TRADE AND COMMERCE ON POSSIBLE AMENDMENTS TO THE CANADA BUSINESS CORPORATIONS ACT. IN CONJUNCTION WITH THE CANADIAN BAR ASSOCIATION THROUGH THE CICA JOINT TAXATION COMMITTEE, REPRESENTATIONS HAVE BEEN MADE TO THE DEPARTMENT OF FINANCE AND TO CANADA CUSTOMS AND REVENUE AGENCY ON AMENDMENTS TO LEGISLATION OR REGULATIONS OF THE INCOME TAX ACT AND ON IMPLEMENTATION ISSUES. ALSO THROUGH THE JOINT TAXATION COMMITTEE, REPRESENTATIONS HAVE BEEN MADE TO THE DEPARTMENT OF FINANCE AND CANADA CUSTOMS AND REVENUE AGENCY REGARDING PROPOSALS FOR CIVIL PENALTIES FOR THIRD PARTIES.
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Subject Matter: Prospective:
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DURING THE NEXT SIX MONTHS, THE CICA WILL CONTINUE ITS ACTIVITIES WITH INDUSTRY CANADA, THE SENATE BANKING COMMITTEE AND THE HOUSE OF COMMONS STANDING COMMITTEE ON INDUSTRY ON LEGISLATIVE PROPOSALS FOR AMENDMENTS TO THE CBCA LEGISLATION. DURING THE NEXT SIX MONTHS, THE CICA WILL CONTINUE ITS ACTIVITIES WITH THE DEPARTMENT OF FINANCE AND THE STANDING SENATE COMMITTEE ON BANKING, TRADE AND COMMERCE ON FINANCIAL INSTITUTION LEGISLATION. REPRESENTATIONS WILL CONTINUE FROM THE JOINT TAXATION COMMITTEE TO THE DEPT OF FINANCE AND CANADA CUSTOMS AND REVENUE AGENCY IN REGARDS TO CHANGES IN LEGISLATION OR REGULATION TO THE INCOME TAX ACT AND ON IMPLEMENTATION ISSUES. REPRESENTATIONS WILL CONTINUE FROM THE JOINT TAXTION COMMITTEE TO THE DEPARTMENT OF FINANCE AND CANADA CUSTOMS AND REVENUE AGENCY REGARDING GUIDELINES FOR CIVIL PENALTIES FOR THIRD PARTIES. THE CICA WILL MONITOR AND MAY MAKE REPRESENTATION ON POSSIBLE CHANGES TO THE LEGISLATION OR REGULATIONS OF THE AGREEMENT ON INTERNAL TRADE TO DEPT OF HUMAN RESOURCES DEVELOPMENT. THE CICA WILL MEET WITH VARIOUS FEDERAL GOVERNMENT DEPARTMENTS TO MAKE THEM AWARE OF THE CICA WEB TRUST(TM) ASSURANCE SERVICES, AND ASKING THEM TO RECOGNIZE THE VALUE OF THESE SERVICES AS A BASIS FOR DEVELOPING POLICIES/PRACTICES AND SETTING STANDARDS REGARDING ELECTRONIC COMMERCE.
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