On behalf of the Honourable Jim Flaherty, Minister of Finance, the Honourable Ted Menzies, Minister of State (Finance), today tabled in the House of Commons a detailed Notice of Ways and Means Motion to implement certain tax measures in Economic Action Plan 2013 and other tax measures.
The Notice of Ways and Means Motion includes the following tax measures:
Supporting Families and Communities
- Allowing certain adoption-related expenses incurred before a child’s adoption file is opened to be eligible for the Adoption Expense Tax Credit.
- Introducing the First-Time Donor’s Super Credit for first-time claimants of the Charitable Donations Tax Credit.
- Streamlining the process for approving tax relief for Canadian Armed Forces members and police officers.
- Expanding the Goods and Services Tax/Harmonized Sales Tax (GST/HST) exemption for publicly funded homemaker services to include personal care services provided to individuals who require such assistance at home.
Supporting Jobs and Growth
- Extending for two years the temporary accelerated capital cost allowance for eligible manufacturing and processing machinery and equipment.
- Extending for one year the Mineral Exploration Tax Credit for flow-through share investors.
- Reducing the compliance burden for employers under the GST/HST pension plan rules.
Improving Tax Fairness
- Allowing collection action for 50% of taxes, interest and penalties in dispute in respect of a tax shelter that involves a charitable donation.
- Amending rules regarding the judicial authorization process for imposing a requirement on a third party to provide information or documents related to an unnamed person or persons.
- Providing the Minister of National Revenue the authority to withhold GST/HST refunds claimed by a business where the business has failed to provide certain GST/HST registration information.
- Ending the current GST/HST point-of-sale relief for the Governor General.
- Ensuring that the excise duty rate applicable to manufactured tobacco other than cigarettes and tobacco sticks is consistent with the rate applicable to other tobacco products.
