If clients mention they have been reassessed, consider sharing a recent Tax Court of Canada decision to ensure they don’t miss their deadline to object
The CRA has entered into more than a dozen contracts with whistleblowers under the Offshore Tax Informant Program in comparison with none at this point last year
Office of the Taxpayers’ Ombudsman calls for better communication with taxpayers
Toronto police warn of imposters posing as CRA agents
Tax accountants and lawyers could be the subject of heightened scrutiny from the Canada Revenue Agency (CRA), as the tax authority joins its global peers in attempting to clamp down on aggressive tax avoidance and offshore tax evasion. Language used in recent federal government statements regarding tax evasion and aggressive tax avoidance “may indicate a […]
The legislative proposals released on Friday would facilitate the automatic exchange of financial information between Canada and other countries
The agency says it will review all foreign electronic fund transfers over $10,000 involving the Isle of Man
The CRA should report how much taxes are paid, instead of tax earned by audits and the percentage of audits that lead to assessment, the report suggests
The most important information is clearly displayed with the account summary on the first page of the tax assessment
Nine charges laid; police believe there may be other victims