Secretary of State (International Financial Institutions) Jim Peterson tabled a detailed Ways and Means motion in the House of Commons on June 5, 2000 to provide for the implementation of several Income Tax Act amendments, including those relating to the June 3, 1999 agreement between the governments of Canada and the United States of America regarding advertising expenses in periodicals.

Click here to view the Finance Canada news release:

DETAILED NOTICE OF WAYS AND MEANS TABLED (JUNE 5, 2000)

click here to view the text of the Draft Section 19 Income Tax Amendments

Additional information on Section 19 of the Income Tax Act and the new Research, Analysis and Compliance Unit at Canadian Heritage is available by clicking on the headings below:

Section 19 of the Income Tax Act and Claiming a Deduction for Advertising in Periodicals: the New Criteria

Implementing the Foreign Publishers Advertising Services Act: the Role of Canadian Heritage