November 07, 2013 08:00 ET

CGA-Canada Supports Private Member's Bill Dealing With Unlegislated Tax Measures

OTTAWA, ONTARIO--(Marketwired - Nov. 7, 2013) - The Certified General Accountants Association of Canada (CGA-Canada) commends Member of Parliament Mike Allen, FCGA (Tobique-Mactaquac) on the introduction of Bill C-549, An Act to amend the Financial Administration Act.

When passed, Bill C-549 will bring increased certainty, transparency and accountability to the legislative process with respect to tax amendments. Bill C-549 would require the finance minister to table a report containing tax measures that have been publicly announced, but not yet legislated.

"This bill would introduce an annual process to address the problems created for people, small and medium-sized businesses, tax professionals, and in fact the Canada Revenue Agency when we build up a huge backlog of unlegislated tax measures" says Mike Allen.

Over the years, a backlog of technical tax amendments had accumulated and hundreds of draft tax measures were stuck in a state of legislative limbo, making the Income Tax Act unclear to taxpayers. It took 12 years to pass the most recent income tax technical bill, the Technical Tax Amendments Act, 2012.

"Canada needs a more effective and efficient process to manage, introduce and legislate proposed changes to the Income Tax Act," says Anthony Ariganello, president and CEO of CGA-Canada. "Mr. Allen's bill is the first step in addressing this issue."

The proposed reporting of technical tax amendments on a regular basis will:

  • Deliver increased transparency and accountability on tax policy proposals
  • Help facilitate tax planning
  • Ease the compliance burden
  • Encourage more input from tax practitioners and stakeholders on tax policy changes
  • Strengthen the integrity of the tax system

Bill C-549 supports key recommendations put forward at CGA-Canada's Summit on Tax Simplification late last year.

"This private member's bill embodies principles of good governance and good public administration," says Carole Presseault, vice president of government and regulatory affairs at CGA-Canada. "I encourage Parliamentarians to make this bill a priority and ensure its swift passage."

For more information on the bill, visit:


Founded in 1908, the Certified General Accountants Association of Canada serves Certified General Accountants and students in Canada and nearly 100 countries. CGA-Canada establishes the designation's certification requirements and professional standards, offers professional development, conducts research and advocacy, and represents CGAs nationally and internationally. CGA-Canada is currently working with the Chartered Professional Accountants of Canada (CPA Canada) to integrate operations under the CPA banner. Unification will enhance the influence, relevance and contribution of the Canadian accounting profession both at home and internationally.

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