Canadian Federal Court rejects Revenue’s oral-interview request of company personnel during TP-audit

Aug 29,2017

Federal Court of Canada (‘the Court’) rejects Minister of National Revenue’s (‘Minister’) application to compel Cameco Corporation (‘Cameco’) to produce approximately 25 of its personnel (including CEO/ CFO etc.) for oral interviews during transfer pricing audit pertaining to 2010 - 2012 taxation years, clarifies that Minister’s audit powers are broad but not unlimited; Holds that providing the Minister with an unlimited ri...

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