Benefits were claimed for children who didn’t exist or never entered Canada, says the CRA
Issuers are only "joint and severally liable" to a point
Reporting currency folio also updated the same day
The agency says it has no plans to abandon paper tax returns despite the rising use of digital services
Tax Court decision may limit the scope of the advantage tax
The tax evasion scheme was promoted by a tax protestor organization, the CRA says
Other tax changes now in effect include passive income changes for small businesses and new carbon pricing system
Revised folios provide tax guidance for clients who are parents, students or parents of students
The committee advises the CRA on strategies to combat offshore tax evasion and aggressive tax planning
Panel aims to help improve the experience of Canadians when they interact with the tax man