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Canadian Tax Journal Revue Fiscale Canadienne 2020 ■ VOLUME 68, No 4 CANADIAN TAX JOURNAL REVUE FISCALE CANADIENNE PEER-REVIEWED ARTICLES Interest Relief on Income Tax Debts: Canada Versus the United States Michael H. Lubetsky Tax Literacy: A Canadian Perspective Anthony Pham, Antoine Genest-Grégoire, Luc Godbout, and Jean-Herman Guay POLICY FORUM Crisis, Cleanup, and the Prospect of Long-Term Fiscal Change Shirley Tillotson Editors’ Introduction—The GST/HST Responsibilities of Non-Resident E-Commerce Firms Alan Macnaughton and Daniel Sandler The GST/HST Obligations of Non-Resident E-Commerce Firms— Jurisprudence and Policy Nicholas Shatalow Carrying On About Carrying On Business: A Response to “The GST/HST Obligations of Non-Resident E-Commerce Firms” Zvi Halpern-Shavim Much Ado About Doing Not Much: Some Reflections on the Jurisdiction To Tax Business Transactions Malcolm Gammie FEATURES Finances of the Nation: Provincial Debt Sustainability in Canada: Demographics, Federal Transfers, and COVID-19 Trevor Tombe Current Cases: (FCA) Iberville Developments Limited v. Canada; (FCA) Landbouwbedrijf Backx BV v. Canada; (BCCA) Collins Family Trust v. Canada (Attorney General) Kirsten Kjellander, Ryan L. Morris, John Sorensen, Ehsan Wahidie, and Anita Yuk Selected US Tax Developments: New Proposed Regulations Under the Section 1061 Carried Interest Rules Peter A. Glicklich and Gregg M. Benson Current Tax Reading Robin Boadway and Kim Brooks ■ CANADIAN TAX JOURNAL EDITORIAL BOARD/ COMITÉ DE RÉDACTION DE LA REVUE FISCALE CANADIENNE ■ Editors/Rédacteurs en chef Alan Macnaughton Daniel Sandler University of Waterloo EY Law llp Kevin Milligan (on leave) Frances Woolley University of British Columbia Carleton University ■ Practitioners and Academics/Fiscalistes et Universitaires Richard M. Bird University of Toronto Allison Christians McGill University David G. Duff University of British Columbia Luc Godbout Université de Sherbrooke Kenneth J. Klassen University of Waterloo Wojciech Kopczuk Columbia University Rick Krever The University of Western Australia Angelo Nikolakakis EY Law LLP, Montreal Shawn D. Porter Deloitte, Toronto Diane Ring Boston College Lindsay Tedds University of Calgary www.ctf.ca/www.fcf-ctf.ca Call for Book Proposals The Canadian Tax Foundation, an independent, not-for-profit research and educational organization, is seeking proposals for books in the areas of taxation and public finance. Since its inception in 1945, the Foundation has published many books and articles on a wide range of subjects within its areas of interest. The Foundation seeks proposals for research projects that will ■ result in a book on a single topic of interest in the area of taxation or public finance; ■ be undertaken by an experienced researcher who has expertise in an area of taxa - tion or public finance; and ■ be carried out within a time frame that is reasonable, given the nature of the project. Projects selected by the Foundation may qualify for its full or partial financial support of the research and for its underwriting of the publication costs. The Foundation retains the absolute right at its sole discretion to choose whether to support a given proposal or to publish a project. Interested parties should send a brief written outline of a proposal, for initial consider - ation by the Foundation, to: Heather Evans Executive Director and Chief Executive Officer Canadian Tax Foundation/Fondation canadienne de fiscalité 145 Wellington Street West, Suite 1400 Toronto, Ontario M5J 1H8 [email protected] For further information, please contact the director, as indicated above, or the co-chairs of the Canadian Tax Foundation Research Committee: Hugh Woolley c/o Canadian Tax Foundation/Fondation canadienne de fiscalité Kim Brooks c/o Canadian Tax Foundation/Fondation canadienne de fiscalité ■ i ■ Appel de propositions de livres La Fondation canadienne de fiscalité (FCF ) / Canadian Tax Foundation, un organisme sans but lucratif indépendant de recherche et à caractère éducatif, souhaite recevoir des propo - sitions de livres dans les domaines de la fiscalité et des finances publiques. Depuis sa fondation en 1945, la FCF a publié de nombreux livres et articles sur divers sujets dans ses champs d’intérêt. La FCF souhaite obtenir des propositions de projets de recherche qui : ■ mèneront à la rédaction d’un livresur un sujet unique d’intérêt en fiscalité ou en finances publiques; ■ seront dirigés par un chercheur chevronné ayant une expertise dans un domaine de la fiscalité ou des finances publiques; ■ seront effectués dans un délai raisonnable, compte tenu de la nature du projet. Les projets qui seront sélectionnés par la FCF pourront être partiellement ou totalement admissibles à une aide financière pour la recherche et les frais de publication. La FCF se réserve le droit absolu, et à sa seule discrétion, d’appuyer une proposition particulière ou de publier un projet. Toute personne intéressée doit faire parvenir un bref sommaire de la proposition pour examen initial par la FCF à : Heather Evans Directrice exécutive et chef de la direction Canadian Tax Foundation/Fondation canadienne de fiscalité 145 Wellington Street West, Suite 1400 Toronto, Ontario M5J 1H8 [email protected] Pour plus d’information, veuillez communiquer avec le directeur, tel qu’il est mentionné plus haut, ou avec les co-présidentes du comité de recherche de la Fondation canadienne de fiscalité : Hugh Woolley a/s Canadian Tax Foundation/Fondation canadienne de fiscalité Kim Brooks a/s Canadian Tax Foundation/Fondation canadienne de fiscalité ■ ii ■ ■ Recent and Upcoming Events * ■ Activités récentes et à venir * YOUNG PRACTITIONER WEBINAR SERIES Various Topics: January 13 and 28, February 17 and 24, 2021 TRANSFER PRICING CONFERENCE AND LIVE WEBCAST February 3-4, 2021 ESTATES & TRUST SEMINAR AND LIVE WEBCAST April 14-15, 2021 JOURNÉE D’ÉTUDES FISCALES ET WEBÉMISSION le 6-7 juillet 2021 THE BELOW DATES ARE TENTATIVE: PRAIRIE PROVINCES TAX CONFERENCE AND LIVE WEBCAST May 31-June 1, 2021, Winnipeg BRITISH COLUMBIA TAX CONFERENCE AND LIVE WEBCAST September 20-21, 2021, Vancouver ONTARIO TAX CONFERENCE AND LIVE WEBCAST October 25-26, 2021, Toronto ATLANTIC PROVINCES TAX CONFERENCE November 5-6, 2021, Halifax 73RD ANNUAL TAX CONFERENCE November 28-30, 2021, Toronto * For further details on upcoming events, please visit the Canadian Tax Foundation website at www.ctf.ca. / Pour plus de renseignements, veuillez consulter le site Web de la Fondation à www.fcf-ctf.ca. ■ iii ■ © 2020, Canadian Tax Foundation/Fondation canadienne de fiscalité Disclaimer. The material contained in this publication is not intended to be advice on any particular matter. No subscriber or other reader should act on the basis of any matter contained in this publication without considering appropriate professional advice. The publisher, and the authors and editors, expressly disclaim all and any liability to any person, whether a purchaser of this publication or not, in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance upon the contents of this publication. Opinions expressed by individual writers are not necessarily endorsed by the Canadian Tax Foundation and its members. Photocopying and reprinting. Permission to photocopy or reprint any part of this publication for distribu - tion must be applied for in writing; e-mail: [email protected]. Advertising. Inquiries relating to advertisements should be directed to Christine Escalante, e-mail: [email protected]. Exonération de responsabilité. Le contenu de cette publication ne doit être interprété d’aucune façon comme un avis ou une opinion. L’abonné ou le lecteur ne devrait pas fonder ses décisions sur le contenu de cette publication sans envisager une consultation professionnelle appropriée. L’éditeur et les auteurs réfutent toute responsabilité envers toute personne, qu’elle soit abonnée ou non, rela - tivement à toute conséquence résultant d’actes ou omissions faits en fonction du contenu de la présente publication. Les opinions exprimées par les auteurs particuliers ne sont pas nécessairement appuyées par la Fondation canadienne de fiscalité et ses membres. Photocopie et réimpression. L’autorisation de photocopier ou de réimprimer toute portion de cette publication à des fins de distribution devra être obtenue en adressant une demande écrite à permissions @ctf.ca. Annonces publicitaires. Toutes demandes concernant les annonces publicitaires devront être adres - sées à Christine Escalante, courriel : [email protected]. Canadian Tax Journal Revue fiscale canadienne Published four times per year Publiée quatre fois l’an Price: $75 per copy (plus applicable taxes) Prix : 75 $ l’exemplaire (taxes en sus) Subscription rate: $343.75 per year (plus Abonnement : 343,75 $ par an (taxes en sus) applicable taxes) (Numéro d’enregistrement de TVH : (HST registration no. R-106867260) R-106867260) Canadian Tax Foundation La Fondation canadienne de fiscalité 145 Wellington Street West 1250, boul. René-Lévesque ouest Suite 1400 Bureau 2935 Toronto, Canada M5J 1H8 Montréal (Québec) H3B 4W8 Telephone: 416-599-0283 Téléphone : 514-939-6323 Toll Free: 1-877-733-0283 Télécopieur : 514-939-7353 Facsimile: 416-599-9283 Internet : www.fcf-ctf.ca Internet: www.ctf.ca 2020, vol. 68, no. 4 2020, vol. 68, n o 4 (Issued January 2021) (publication : janvier 2021) ISSN 0008-5111 ISSN 0008-5111 Printed in Canada Imprimée au Canada 5,600 01-21 5,600 01-21 ■ iv ■ ■ 2020 VOLUME 68, No 4 Canadian Tax Journal Revue fiscale canadienne PEER-REVIEWED ARTICLES 931 Interest Relief on Income
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