Canada’s Department of Finance announced that the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (also known as the Multilateral Instrument, or MLI) sponsored by the Organisation for Economic Co-operation and Development (OECD), has been enacted into law in Canada.
The U.S. Treasury Department (Treasury) and the
U.S. Internal Revenue Service (IRS) issued proposed regulations
with guidance on how to apply withholding tax under U.S. Internal
Revenue Code (IRC) Section 1446(f).
Explore CIBC Mellon’s exclusive study of Canadian institutional investors’ shift to alternative investments. Our research highlights trends and expectations, and highlights areas where Canadians stand apart (or ahead) of global peers.
BNY Mellon’s fifth issue of its Race for Assets series notes that the growth of the private debt market has been nothing short of phenomenal over the last decade as it matches the needs of yield-seeking institutional investors and companies looking for capital to grow.