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Portrait of young confident asian businessman with serious face sitting in modern office interior near big window, intelligent men entrepreneur in elegant suit thinking about something before meeting dream big business planning advisor

Beginning next month, the minimum rate that can be charged on such a loan will double

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency won't say when it expects its website to return to normal. CRA Tax

In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans

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Ottawa’s getting ready for an increase in tax debts that will require extra effort to collect

Despite inflation, the prescribed rate on loans to family members remains set at 1%

  • By: IE Staff
  • March 15, 2022 March 15, 2022
  • 12:40
Close up of businesswoman using calculator while going through financial bills.

The Canada Revenue Agency highlights credits and deductions

  • By: IE Staff
  • February 11, 2022 February 11, 2022
  • 13:57
Front view of the Parliament building in Ottawa, late winter, early spring

Several proposals from Budget 2021 were also included in the draft legislation

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C.D. Howe report recommends separating access to benefit programs from the filing of tax returns

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Employees who worked from home due to the pandemic in 2021 can claim up to $500 in expenses under $2/day flat rate method

tax inspector investigating financial documents

Expanded trust reporting requirements announced four years ago were set to be effective, but feds still haven't passed legislation to enable them

2021 Canadian tax form

Minister of National Revenue's mandate letter emphasizes Covid recovery support and combating aggressive tax planning