The tax deductibility of foreign Internet advertising in Canada / the Honourable David Tkachuk, chair ; the Honourable Patricia Bovey, deputy chair ; the Honourable Dennis Dawson, deputy chair.: YC19-0/421-13E-PDF
"The Senate Committee on Transport and Communications report, The Tax Deductibility of Foreign Internet Advertising in Canada, recommends the government study Section 19 of the Income Tax Act, which makes advertising in newspapers, magazines and online publications a tax-deductible expense. Foreign-based companies such as Facebook and Google account for as much as 80% of Canadian online advertising revenues. Those companies compete for advertisers with traditional Canadian broadcast and print media outlets. Witnesses representing various segments of Canada’s media industry told the committee that eliminating tax deduction for ads on foreign internet news outlets could give the domestic news industry a much-needed boost. However, other witnesses told the committee that eliminating the tax deduction could put Canadian businesses at a disadvantage relative to their international competitors"--Provided by publisher.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.860994&sl=0
| Department/Agency |
|
|---|---|
| Title | The tax deductibility of foreign Internet advertising in Canada / the Honourable David Tkachuk, chair ; the Honourable Patricia Bovey, deputy chair ; the Honourable Dennis Dawson, deputy chair. |
| Series title |
|
| Publication type | Monograph - View Master Record |
| Language | [English] |
| Other language editions | [French] |
| Format | Digital text |
| Electronic document | |
| Note(s) |
|
| Publishing information |
|
| Author / Contributor |
|
| Description | 24 p. : col. ill. |
| Catalogue number |
|
| Subject terms |
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.Page details
- Date modified: