New initiatives to assist small and medium-sized businesses: consultations on the proposed Registration of Tax Preparers Program (RTPP)

On January 17, 2014, Minister Kerry-Lynne Findlay announced the introduction of a new three-point plan to improve compliance and provide support to the small and medium-sized business community. As part of this initiative, the Minister launched a consultation process with taxpayers and the tax preparer community on the proposed Registration of Tax Preparer Program (RTPP),…

Tax preparer standards – What do you think?

April 11, 2013 Gabe Hayos, Vice-President, Taxation, Chartered Professional Accountants of Canada Increasing public scrutiny of the tax planning practices of large corporations and high net worth individuals is intensifying reputational risks for tax practitioners. Debate is spreading globally within the profession and among others involved in regulating tax practitioners over whether formal standards of…