IDEAS home Printed from https://ideas.repec.org/a/ctf/journl/v68y2020i3p851-862.html
   My bibliography  Save this article

Policy Forum: Taxing Wealth Transfers in Canada Using an Accession Tax

Author

Listed:
  • Graham Purse

    (Paul J. Hill School of Business, University of Regina, Saskatchewan and MTax program, Christ Church, Oxford University)

Abstract

Wealth transfer taxes have had a long history in Canada: the Rowell-Sirois report suggested federal administration; the Carter report emphasized the importance of including wealth transfers in income. Yet by the 1980s wealth transfer taxes had largely disappeared in Canada. This article makes the case for consideration of an accession tax, which taxes wealth transfers in the recipients' hands. An accession tax has significant administrative advantages over the annual wealth tax featured in current popular debates.

Suggested Citation

  • Graham Purse, 2020. "Policy Forum: Taxing Wealth Transfers in Canada Using an Accession Tax," Canadian Tax Journal, Canadian Tax Foundation, vol. 68(3), pages 851-862.
    • Handle: RePEc:ctf:journl:v:68:y:2020:i:3:p:851-862
    DOI: https://doi.org/10.32721/ctj.2020.68.3.pf.purse
    as

    Download full text from publisher

    File URL: https://www.ctf.ca/EN/Publications/CTJ_Contents/2020CTJ3.aspx
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.32721/ctj.2020.68.3.pf.purse?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ctf:journl:v:68:y:2020:i:3:p:851-862. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jim Lyons (email available below). General contact details of provider: https://www.ctf.ca/EN .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.