The Competition Bureau announced last March that it has initiated proceedings against Aviscar, Budget and their parent company, Avis Budget Group Inc.. The Bureau alleges that the Companies engaged in false or misleading advertising in that they advertised misleading prices to consumers. The Bureau’s application seeks, among other remedies, a total of $30 million in administrative monetary penalties and refunds to affected customers.
New CBSA transfer pricing policy creates opportunities and obligations for importers
Transfer pricing has been a favorite Canada Border Services Agency (CBSA) enforcement target for some time now. Payments made by importers because of income tax transfer pricing requirements can trigger obligations and liabilities under Canadian customs laws.