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Correcting Contribution Errors in Respect of Defined Contribution Pension Plans—New Rules Now in Force - August Update | Bennett Jones LLP

On June 22, 2023, Bill C-47 received royal assent, implementing a variety of amendments to the Income Tax Act (Canada) (ITA) and its regulations (ITA Regulations) tabled as part of the.

Canada revenue agencyBennett jonesIncome tax actFixing contribution errorsDefined contribution pension plansAdjustment reversalPension adjustment correctionEffective date

Correcting Contribution Errors in Respect of Defined Contribution Pension Plans—New Rules Now in Force

On June 22, 2023, Bill C-47 received royal assent, implementing a variety of amendments to the Income Tax Act Canada ITA and its regulations ITA Regulations tabled as part of the 2023 Federal Budget.

Ben sissonsHennadiy kutsenkoCanada revenue agencyWritten by jordan fremontIncome tax actFixing contribution errorsDefined contribution pension plansEffective dateBennett jones pensionsBillc 47N income tax actBudget 2023Efined contributions pension plansPension plans

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