In the 2021 edition of the Introduction to International Tax in Canada, you will discover that the main novelty is the new chapter 29 namely, Tax Treatment of Foreign Exchange Gains and Losses, written by Laura Gheorghiu and Malya Amghar. In the complex world of currency issues, this chapter is an essential compass for anyone just starting out, and it can sometimes even be useful to more experienced professionals. It sets out the rules concerning the tax treatment of exchange gains and losses. These rules are engaged for all transactions involving the acquisition of assets or contracting of liabilities denominated in foreign currencies, or the entering into of contracts under which the rights or obligations are expressed in foreign currencies. Also, this new edition features many improvements and updates.

The authors are: Jean-Pierre Vidal, Julie Robson, Marie-Pierre Allard, Marwah Rizqy, Cindy Harvey, Florie Pellerin-Catellier, Annick Provencher, Candace M. Marriott, Allison Christians, Sarah Baxter, Angelo Nikolakakis, Mathieu Gendron, Chantal Jacquier, Nadia Rusak, Jonathan Charron, Marguerite Auclair, Sara-Michelle Marcotte-Génier, Sara Shearmur, Marie Blanchard, Laura Gheorghiu, Malya Amghar, Jessica Di Maria, Raphaël Zicat, Judith Charbonneau Kaplan, Julie Michaud, Sébastien Rheault, Jing Yu Wang, Chantal Bélanger, and Nicolas Benoît-Guay.

A French edition of this book is also available: Introduction à la fiscalité internationale, 10e édition