The budget, which was presented on April 19, 2021, introduces several important changes that asset management entities should be aware of, including:

  • Taxes on registered investments
  • Allocation-to-redeemers methodology for mutual funds
  • Fixing contribution errors in defined contribution pension plans
  • Electronic filing and certification of tax and information returns
  • Rate reduction for zero-emission technology manufacturers
  • Mandatory disclosure rules
  • Interest deductibility limits
  • Hybrid mismatch arrangements
  • Green bonds
  • Flow-through shares.

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