Better communications, help with returns are among the notable changes
The federal government has accepted nine recommendations included in a report from last autumn aimed at speeding up the process of resolving objections
The federal tax agency completed more than 21,000 files related to real estate that resulted in more than $329.4 million in unreported assessed income
The additional taxes are coming from cases in which the CRA believes a TFSA holder may be “carrying on a business” within the account
The federal tax agency is seeking to provide less generous relief in certain circumstances
The calculation was based on estimates of taxes that were assessed but not collected and on unreported income from the underground economy
The federal government says it is in line to collect more than $13 billion worth of taxes owing
Tax lawyers say any changes to the program should strike a balance between tightening the rules and keeping it attractive
James Harvey Cameron was found guilty of fraud and tax evasion for his role in an illegal RRSP scheme that diverted investors’ funds
CRA publishes new compliance guidance for CRS, FATCA