Canada's Department of Finance releases consultation paper on transfer pricing rules

14 June 2023|Tax Alerts, Legislation & Policy, National/Federal Taxation, Transfer Pricing|Canada

The Canadian government invites stakeholders to provide input on a new consultation document aimed at reforming and updating the country's transfer pricing rules.
Comments are due by 28 July.
This Tax Alert highlights key aspects of the document.

On 6 June 2023, the Department of Finance released a consultation paper titled "Consultation on Reforming and Modernizing Canada's Transfer Pricing Rules." The consultation paper, which follows through on the commitment made in the 2021 federal budget to r…

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