- The IMF recommends Canada gradually broaden the tax base for the GST/HST to improve efficiency and create fiscal space.
- The report suggests rationalizing large income tax expenditures and conducting rigorous expenditure reviews.
- Emphasis is placed on a tax system that supports private investment and firm growth.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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