Taxation
Tax policy, as it applies both to investment funds and individual investors, is an important area of SIMA comment and advice.
SIMA 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
2017
Enhanced Financial Reporting to the CRA – for the Common Reporting Standard and Financial Account Tax Compliance Act December
Information to increase your understanding of the CRS and FATCA
2016
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
Information to increase your understanding of the CRS and FATCA
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
Joint letter from 15 investment funds industry associations worldwide urging that India's minimum alternate tax not apply to foreign institutional investors
Ontario Ministry of Finance Comfort Letter regarding the Ontario Surtax
Relief for Mutual Fund Trusts Residing in Ontario