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Released: 22 January, 1999
Revenue Minister Meets Film Industry Representatives
Ottawa, January 22,
1999...The Honourable Herb Dhaliwal today met with representatives of the
Canadian film industry. The purpose of this meeting was to review the current
status of non-resident actor tax issues.
Following the meeting, Mr.
Dhaliwal said "We have had an excellent exchange of ideas and opinions
today regarding a number of industry-related concerns. I am convinced that
everyone is interested in sitting down to work out a long-term solution to the
issues. We have agreed that there are several avenues to explore, including an
increase of withholding rates to more closely approximate tax obligations. As a
result, I will ask my department to undertake a new round of consultations with
the industry and the Department of Finance. While we are working toward a
solution, Revenue Canada will continue with the approach taken in past
years."
Mr. Dhaliwal also indicated
that, as part of the consultations, he would be willing to raise issues of
mutual concern with the appropriate officials in the United States. "We
should not forget that the State of California does not follow the spirit of the
Canada-U.S. tax treaty and this causes considerable problems for the Canadian
film industry, particularly in British Columbia," he said.
Mr. Dhaliwal concluded by
stating "Compliance issues are always difficult to resolve, but I am
confident that the process we have put in motion today will allow us to address
these matters, and help our ever-growing film industry to continue to expand in
all regions of Canada."
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For more information,
contact:
Press Secretary
Minister of National Revenue
(613) 995-2960
"
05T/99
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