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Company: Canada Revenue Agency

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Tax surveillance is now global. HNW clients need to know the rules — and the penalties — of non-compliance

The CRA is increasing efforts to collect taxes due on assets held offshore. Clients who fail to comply could face hefty penalties

The CRA revised its voluntary disclosure program, which may deter some taxpayers from coming forward. Applications to the program are down significantly since the changes were introduced in March

businessman running away from taxman

The federal tax agency also delays implementing registered fee position

Folder tab with the word tax

Union uses findings to further push federal government to increase CRA funding

hand of a businesswoman at her desk with a pen and a clipboard

Investigation will identify any gaps and areas for improvement

Gold coins on island with palm trees

Tax enforcement authorities in five countries to work together to fight tax crimes, money laundering and cybercrime

exhausted businessman holding a telephone

The federal tax agency is making the transition to a new telephone system that will connect callers with agents more efficiently

Canadian individual tax form T1 close-up

Latest CRA study finds government could be losing up to 2.2% of individual tax revenue through offshore tax evasion

The Buildings and Skyline of Ottawa

The federal tax agency is focusing on modernizing technology, improving agent training and updating service standards