CASLA Announces New Legal Sub-Committee

CASLA announces new legal sub-committee to support related CASLA initiatives led by Lesley Charkow. The board consists of a diversified mix of legal and business experience from a variety of financial institutions. The Board of CASLA welcomes the members and thanks them for their participation on subcommittee. For a list of all members please click … Read more

The Tax Sub-Committee Requests Technical Interpretation from CRA

The tax sub-committee has requested a technical interpretation from the Rulings Directorate of the Canada Revenue Agency (“CRA”)  to confirm that Canadian witholding tax does not arise in respect of certain manufactured dividends/substitute payments (“Compensation Payments”) paid by a Canadian borrower to a non-resident lender under a securities lending arrangement.