In The News

Anu Nijhawan Comments in Financial Post on Foreign Affiliate Dumping

July 24, 2012
Authors
Anu Nijhawan KCLead Director and Head of Tax Department
In the Financial Post article, "Tax Change Aims to Close 'Foreign Affiliate Dumping' Loopholes," writer Drew Hasselback discusses tax amendments announced in the last federal budget which may affect the benefits of doing business in Canada; particularly for global mining companies. Anu Nijhawan comments, "At this point, I think most potential investees are taking a wait-and-see approach... I haven't seen reluctance from foreign multi-nationals to invest in Canadian projects. That said, with these rules, Canada is clearly no longer a jurisdiction of choice to structure a non-Canadian project."
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Authors

Anu Nijhawan KC, Lead Director and Head of Tax Department
Calgary  •   403.298.3389  •   nijhawana@bennettjones.com