In the November 2006 Advantage Canada economic plan, the Canadian government committed to reducing the paperwork burden of businesses by 20%. As part of the initiative, Canada Revenue Agency and the Department of Finance have catalogued the requirements and obligations imposed by the tax system, including the Income Tax Act and the Excise Tax Act, in order to establish a baseline for measuring potential paperwork reductions. Tax Executive Institute (TEI) appreciates that the government must assess the effect of the recommended paperwork and reporting requirement reductions on the integrity and efficiency of the tax system. They believe their recommendations will be helpful in streamlining the administration of both Acts for the benefit of taxpayers and the government alike and commend them for their consideration. TEI's recommendations were prepared under the aegis of the Institute's Canadian Income Tax and Commodity Tax Committees, whose chairs are David M. Penney and Phil W. Riley, respectively.