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This document outlines KPMG's commentary and recommendations on the CRA's draft policy regarding the Prescribed Proxy Amount (PPA) for the Scientific Research and Experimental Development (SR&ED)

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What is sramped prescribed proxy amount?

The sramped prescribed proxy amount refers to the specific amount set by the regulatory authority as the minimum requirement for proxy voting.

Who is required to file sramped prescribed proxy amount?

Financial institutions and investment firms that provide proxy voting services are required to file the sramped prescribed proxy amount.

How to fill out sramped prescribed proxy amount?

To fill out the sramped prescribed proxy amount, financial institutions and investment firms need to gather the necessary information about their proxy voting activities, calculate the total amount based on the regulatory instructions, and submit the completed form to the appropriate authority.

What is the purpose of sramped prescribed proxy amount?

The purpose of the sramped prescribed proxy amount is to ensure that financial institutions and investment firms meet the minimum requirement for proxy voting, promoting transparency and accountability in the voting process.

What information must be reported on sramped prescribed proxy amount?

The sramped prescribed proxy amount requires financial institutions and investment firms to report details of their proxy voting activities, such as the number of votes cast, specific decisions made, and any conflicts of interest.

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