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Deadline extended again for ETF tax proposal

Melissa Shin
After a two-year break, the federal government is pressing forward with proposed changes to how mutual fund trusts allocate income and capital gains when unitholders make redemptions.
The 2021 budget implementation bill tabled on April 30 contains legislation nearly identical to what was tabled in July 2019, except the new bill does not apply to tax years beginning before Dec. 16 for any exchange-traded mutual fund trusts i.e., ETFs.
The Department of Finance “hasn’t managed to sort out what the appropriate rules should be with respect to ETFs, and want to give themselves more time to work it out,” said Nigel Johnston, partner at McCarthy Tétrault LLP in Toronto. “In the meantime, ETFs can continue on as they were.” ....

Nigel Johnston , James Carman , Portfolio Management Association Of Canada Industry Regulation , Taxation Committee , Taxation Working Group , Investment Funds Institute Of Canada , Investment Funds Institute , Budget Day , Portfolio Management Association , Industry Regulation , ஜேம்ஸ் கார்மேன் , வரிவிதிப்பு குழு , வரிவிதிப்பு வேலை குழு , முதலீடு நிதி நிறுவனம் ஆஃப் கனடா , முதலீடு நிதி நிறுவனம் , பட்ஜெட் நாள் , போர்ட்‌ஃபோலீயோ மேலாண்மை சங்கம் , தொழில் ஒழுங்குமுறை ,

Deadline extended again for ETF tax proposal | Investment Executive

Melissa Shin
After a two-year break, the federal government is pressing forward with proposed changes to how mutual fund trusts allocate income and capital gains when unitholders make redemptions.
The 2021 budget implementation bill tabled on April 30 contains legislation nearly identical to what was tabled in July 2019, except the new bill does not apply to tax years beginning before Dec. 16 for any exchange-traded mutual fund trusts i.e., ETFs.
The Department of Finance “hasn’t managed to sort out what the appropriate rules should be with respect to ETFs, and want to give themselves more time to work it out,” said Nigel Johnston, partner at McCarthy Tétrault LLP in Toronto. “In the meantime, ETFs can continue on as they were.” ....

Nigel Johnston , James Carman , Portfolio Management Association Of Canada Industry Regulation , Taxation Committee , Taxation Working Group , Investment Funds Institute Of Canada , Investment Funds Institute , Budget Day , Portfolio Management Association , Industry Regulation , ஜேம்ஸ் கார்மேன் , வரிவிதிப்பு குழு , வரிவிதிப்பு வேலை குழு , முதலீடு நிதி நிறுவனம் ஆஃப் கனடா , முதலீடு நிதி நிறுவனம் , பட்ஜெட் நாள் , போர்ட்‌ஃபோலீயோ மேலாண்மை சங்கம் , தொழில் ஒழுங்குமுறை ,

OPPI Elects S Sridhar As President

BW Businessworld
OPPI Elects S Sridhar As President
Sridhar is the Managing Director of Pfizer and is heading the company s commercial business in India
Photo Credit : Reuters
Industry body Organisation of Pharmaceutical Producers of India (OPPI) on Monday said it has elected S Sridhar as its next President for a period of two years, effective from February 15, 2021.
He takes over from former Managing Director of Boehringer Ingelheim India, Sharad Tyagi, OPPI said in a statement.
Sridhar is the Managing Director of Pfizer and is heading the company s commercial business in India, it added.
He has been a member of the Executive Committee of OPPI for the past six years and has also chaired its Finance and Taxation Work Group, OPPI said. ....

Sharad Tyagi , Taxation Work Group , Organisation Of Pharmaceutical Producers India , Pharmaceutical Producers , Managing Director , Boehringer Ingelheim India , Executive Committee , Chartered Accountant , Ms Sridhar , Pharmaceutical Industry , ஷரத் தியாகி , வரிவிதிப்பு வேலை குழு , ஆர்கநைஸேஶந் ஆஃப் மருந்து ப்ரொட்யூஸர்ஸ் இந்தியா , மருந்து ப்ரொட்யூஸர்ஸ் , நிர்வகித்தல் இயக்குனர் , போஹெரிங்கர் இஂகல்‌ஹைம் இந்தியா , நிர்வாகி குழு , பட்டய கணக்கர் , கள் ஸ்ரீதர் , மருந்து தொழில் ,

OPPI elects S Sridhar as new President

OPPI elects S Sridhar as new President
OPPI elects S Sridhar as new President
15 February 2021 | News
Sridhar is the Managing Director of Pfizer Limited and is heading Pfizer Inc’s commercial business in India
The Organisation of Pharmaceutical Producers of India (OPPI) has elected S Sridhar as its next President. The term is for a period of two years and is effective from February 15, 2021. He takes over from Sharad Tyagi, Former Managing Director, Boehringer Ingelheim India Pvt Ltd. Sridhar is the Managing Director of Pfizer Limited and is heading Pfizer Inc’s commercial business in India. Sridhar has been a member of the Executive Committee of OPPI for the past six years and has also chaired its Finance and Taxation Work Group. Sridhar is a strong voice of healthcare transformation in the country and was the chair of FICCI’s Pharma Committee till recently. ....

Sharad Tyagi , Boehringer Ingelheim India Pvt Ltd , Pfizer Inc , Taxation Work Group , Pfizer Ltd , Organisation Of Pharmaceutical Producers India , Pharma Committee , Pharmaceutical Producers , Former Managing Director , Boehringer Ingelheim India Pvt , Managing Director , Pfizer Limited , Executive Committee , Taxation Work , Chartered Accountant , Chief Financial Officer , Business Unit , India Commercial Business , Ms Sridhar , ஷரத் தியாகி , போஹெரிங்கர் இஂகல்‌ஹைம் இந்தியா பிரைவேட் லிமிடெட் , ஃபைசர் இன்க் , வரிவிதிப்பு வேலை குழு , ஃபைசர் லிமிடெட் , ஆர்கநைஸேஶந் ஆஃப் மருந்து ப்ரொட்யூஸர்ஸ் இந்தியா , பார்மா குழு ,

OPPI elects S Sridhar as President for two-year term

OPPI elects S Sridhar as new President
OPPI elects S Sridhar as new President
15 February 2021 | News
Sridhar is the Managing Director of Pfizer Limited and is heading Pfizer Inc’s commercial business in India
The Organisation of Pharmaceutical Producers of India (OPPI) has elected S Sridhar as its next President. The term is for a period of two years and is effective from February 15, 2021. He takes over from Sharad Tyagi, Former Managing Director, Boehringer Ingelheim India Pvt Ltd. Sridhar is the Managing Director of Pfizer Limited and is heading Pfizer Inc’s commercial business in India. Sridhar has been a member of the Executive Committee of OPPI for the past six years and has also chaired its Finance and Taxation Work Group. Sridhar is a strong voice of healthcare transformation in the country and was the chair of FICCI’s Pharma Committee till recently. ....

Sharad Tyagi , Boehringer Ingelheim India Pvt Ltd , Pfizer Inc , Taxation Work Group , Pfizer Ltd , Organisation Of Pharmaceutical Producers India , Pharma Committee , Pharmaceutical Producers , Former Managing Director , Boehringer Ingelheim India Pvt , Managing Director , Pfizer Limited , Executive Committee , Taxation Work , Chartered Accountant , Chief Financial Officer , Business Unit , India Commercial Business , Ms Sridhar , ஷரத் தியாகி , போஹெரிங்கர் இஂகல்‌ஹைம் இந்தியா பிரைவேட் லிமிடெட் , ஃபைசர் இன்க் , வரிவிதிப்பு வேலை குழு , ஃபைசர் லிமிடெட் , ஆர்கநைஸேஶந் ஆஃப் மருந்து ப்ரொட்யூஸர்ஸ் இந்தியா , பார்மா குழு ,