Tuesday, December 19, 2006
CIBC Sees No Significant Revenue Hit from Trust Ruling
Financial Post, Peter Koven, 19 December 2006 Canadian Imperial Bank of Commerce does not expect a "significant" revenue hit due to the federal government's crackdown on income trusts, the company revealed yesterday.The announcement came in the bank's accountability report for 2006, which was filed with regulators as part of its Annual Information Form.The decision to tax income trust
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