Canadian Automobile Dealers Association / Corporation des associations des detaillants d'automobiles
Registration:
14
of
22
(2019-12-20
to
2020-01-15)
Legislative Proposal, Bill or Resolution
- Advocating for the removal of lien notes in the calculation of taxable capital for auto dealers' accessibility to the small business deduction.
- Maintaining Bank Act provisions that restrict chartered banks' ability to enter the leasing market.
- Pursuing a continuation of the historical tax treatment of financial services performed at automobile dealerships.
- Pursuing an end to the reduction in accessibility to the small business deduction that occurs between taxable capital levels between $10 million and $15 million for qualifying Canadian-controlled private corporations (CCPCs).
Policies or Program
- Consistent Audit activity for dealers based on CRA Rulings division findings
- Oppose the proposed luxury tax on cars over $100,000
- Promoting automotive free trade under the North American Free Trade Agreement
Regulation
- Pursuing a single national regulatory framework for the regulation of greenhouse gas emissions from vehicles with a view to establishing a common North American regulatory regime.