Would your transactions pass the general anti-avoidance rule based assessment?
On November 10, 2017, Quebec’s Finance Minister announced new measures to address aggressive tax planning.
Deloitte has created a new brochure that will help you understand the consequences it could have on your business. If your transactions fail to pass the general anti-avoidance rule based assessment, the consequences could translate into significant penalties for you and your tax advisor. In addition, you could be prohibited from doing business with the Quebec government.