This document examines the proposed reforms to Canada's corporate income tax system in 1987. It details the background of the existing system, the rationale for reform, and the specific changes being considered. The analysis aims to provide a comprehensive overview for policymakers and interested parties.

This publication from the Library of Parliament's Research Branch offers a detailed, policy-oriented analysis of significant tax reform. The subject matter points to a dense, specialist text intended for those engaged with fiscal policy and economic governance in Canada. Its focus on legislative proposals suggests a document that served as a foundational reference during the period of reform.