Anu Nijhawan Comments in Financial Post on Foreign Affiliate Dumping
July 24, 2012
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."