Windfall tax on large Canadian companies needed to recover public funds: report - National | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Windfall tax on large Canadian companies needed to recover public funds: report

Canadians for Tax Fairness says many of these companies also reported impressive profits in 2022 as pandemic restrictions lifted and the economy improved.The group says a windfall profit tax on all large corporations would force corporations to give back some of the public funds they received and assist with the country’s overall recovery.

The head of the Canadian Revenue Agency recently said it wouldn’t be worth reviewing more than $15.5 billion in potentially ineligible pandemic wage benefits flagged by the Auditor-General.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hand it out for one event; then take it back for another. Get it together!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines