Latest CRA study finds government could be losing up to 2.2% of individual tax revenue through offshore tax evasion
The government will share the presale data it collects with the Canada Revenue Agency to monitor taxes
The court ordered $750,000 in punitive damages against the tax agency, saying that the charges never should have been brought
The federal government is considering legislation that would give foreign authorities some access to Canadians’ confidential information
The government will be investing money to improve the fairness and integrity of the tax system as well as introduce new rules
The agency “fully supports” the recent recommendations from the Offshore Compliance Advisory Committee
Police assisted in the operation that unfolded in three provinces
Two Quebec men enabled taxpayers to evade or try to evade $3.2 in federal income tax
Taxpayers who believe they are offside the rules would do well to consider whether it makes sense to make use of the program before the new rules come into effect
The CRA wants to see account records associated with Bank Hapoalim to determine whether Canadians are hiding income or assets.