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2018 Federal Budget — Focus on FIs

2018 Federal Budget — Focus on FIs

The 2018 federal budget introduces measures affecting the financial service industry.


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​The budget includes changes to:

  • Broaden the definition of a securities lending arrangement 
  • Clarify the exceptions to the definition of a synthetic equity arrangement
  • Clarify how the at-risk rules apply for a tiered partnership
  • Apply the dividend stop-loss rules to certain share repurchase transactions
  • Introduce additional reporting requirements for certain trusts
  • Extend the eligibility for the 15% federal mineral exploration tax credit
  • Modify existing draft legislation and regulatory proposals related to GST/HST for investment limited partnerships.

​Download this edition of the TaxNewsFlash to learn more.

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