{"id":516327,"date":"2026-06-29T08:53:11","date_gmt":"2026-06-29T08:53:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/516327\/"},"modified":"2026-06-29T08:53:11","modified_gmt":"2026-06-29T08:53:11","slug":"canadas-cross-border-tax-avoidance-plan-too-sweeping-pros-say","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/516327\/","title":{"rendered":"Canada\u2019s Cross-Border Tax Avoidance Plan Too Sweeping, Pros Say"},"content":{"rendered":"<p>Canada\u2019s decision to deviate from global norms in targeting cross-border tax avoidance structures would weaken investment and raise costs for companies, especially those working with entities in the US, tax professionals say.<\/p>\n<p>Canada\u2019s Department of Finance is examining feedback on a draft bill aimed at hybrid mismatch arrangements\u2014business plans that exploit differences in tax treatment across jurisdictions. The proposal wouldn\u2019t just needlessly raise taxes and legal fees, but is also too broad and would capture common US-Canada tax arrangements not intended as targets under international guidance, several practitioners said.<\/p>\n<p>\u201cRules that create double taxation, produce anomalous results, and impose significant &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Canada\u2019s decision to deviate from global norms in targeting cross-border tax avoidance structures would weaken investment and raise&hellip;\n","protected":false},"author":2,"featured_media":516328,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,4425,46,236534,236536,236535,215898,236537],"class_list":["post-516327","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-imports","tag-israel","tag-multinational-corporations","tag-non-u-s-accounting","tag-non-u-s-banking-legislation","tag-non-u-s-tax","tag-non-u-s-tax-legislation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/516327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=516327"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/516327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/516328"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=516327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=516327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=516327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}