The Budget for 2014 was tabled by the Minister of Finance on 11 February 2014. Details of the Budget relating to international taxation, which unless otherwise indicated will apply from 1 January 2014, are summarized below.
| - | Captive insurance. Current rules prevent taxpayers from shifting certain Canadian-source income to no- or low-tax jurisdictions. Under these rules, such income earned by a controlled foreign affiliate of a taxpayer resident in Cana… |