Finance Minister Finalizes Advisory Panel on Canada’s System of International Taxation

The Honourable Jim Flaherty, Minister of Finance today announced the appointment of Mr. Nick Pantaleo, international tax services partner with PricewaterhouseCoopers, to the Advisory Panel on Canada’s System of International Taxation. Mr. Pantaleo is a recognized leader in international tax matters and I welcome his direct participation in this important effort , said Minister Flaherty. The work of the Panel will complement our government’s efforts to create a tax advantage in Canada.

While we lower taxes for everybody — employees, businesses, investors and consumers — the Panel will look at ways to make our international tax system more competitive and fair. Minister Flaherty also announced the appointment of Mr. Brian Mustard, partner with KPMG’s international corporate tax services group, as the Executive Director of the Secretariat that will support the Panel’s work. The Panel has been asked to consider ways to improve Canada’s system of international taxation.

Chaired by Mr. Peter Godsoe, former Chief Executive Officer of the Bank of Nova Scotia, the Panel’s objectives are to: develop practical and readily-applicable changes, taking into account existing rules and tax treaties as well as fiscal implications.