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{
    "time": "2014-11-05 15:40:00",
    "attribution": {
        "en": "Mr. Gerald Keddy (South Shore\u2014St. Margaret's, CPC)",
        "fr": "M. Gerald Keddy (South Shore\u2014St. Margaret's, PCC)"
    },
    "content": {
        "en": "<p data-HoCid=\"3888321\" data-originallang=\"en\">I want to talk about tax loopholes.</p>\n<p data-HoCid=\"3888322\" data-originallang=\"en\">We as the government have closed over 85 tax loopholes, which has certainly enhanced the integrity of our taxation system, and we're looking to close down even more.</p>\n<p data-HoCid=\"3888323\" data-originallang=\"en\">I have a couple of questions. The captive insurance changes in the bill adjust Canada's foreign accrual property income rules in order to address offshore insurance swap transactions and ensure that income from the direct or indirect insurance of Canadian risk is taxed appropriately.</p>\n<p data-HoCid=\"3888324\" data-originallang=\"en\">Can you comment on these changes and what is the expected fiscal impact? I know that's a little hard to predict, but what's the expected impact of that?</p>",
        "fr": "<p data-HoCid=\"3888321\" data-originallang=\"en\">Je veux parler des \u00e9chappatoires fiscales.</p>\n<p data-HoCid=\"3888322\" data-originallang=\"en\">Notre gouvernement a supprim\u00e9 85 \u00e9chappatoires de la sorte, ce qui n'a pas manqu\u00e9 d'accro\u00eetre l'int\u00e9grit\u00e9 de notre r\u00e9gime fiscal, et nous comptons en faire encore davantage.</p>\n<p data-HoCid=\"3888323\" data-originallang=\"en\">J'ai quelques questions \u00e0 vous poser. Le projet de loi apporte un changement touchant les soci\u00e9t\u00e9s captives d'assurances pour red\u00e9finir les r\u00e8gles canadiennes relatives au revenu \u00e9tranger accumul\u00e9 afin de s'attaquer aux op\u00e9rations de swap d'assurance \u00e0 l'\u00e9tranger et de veiller \u00e0 ce que le revenu tir\u00e9 de l'assurance directe ou indirecte contre des risques canadiens soit impos\u00e9 de fa\u00e7on appropri\u00e9e.</p>\n<p data-HoCid=\"3888324\" data-originallang=\"en\">Pouvez-vous nous parler de ces changements et de leur impact fiscal anticip\u00e9? Je sais qu'il est un peu difficile de faire des pr\u00e9visions, mais quelles sont les r\u00e9percussions attendues?</p>"
    },
    "url": "/committees/finance/41-2/56/gerald-keddy-1/",
    "politician_url": "/politicians/gerald-keddy/",
    "politician_membership_url": "/politicians/memberships/1339/",
    "procedural": false,
    "source_id": "8498227",
    "document_url": "/committees/finance/41-2/56/",
    "related": {
        "document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F41-2%2F56%2F"
    }
}