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Company: Canada Revenue Agency

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The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms

Exterior of CRA headquarters building

The 90-day deadline for the first mandatory disclosures under the new law is Sept. 20

gavel

Long-running venture took in millions from investors, police allege

Exterior of CRA headquarters building

The CRA said in July that it had let 20 employees go as a result of its CERB investigation

CRA signage

Relief of penalties and interest may also be available to affected people and businesses

  • By: IE Staff
  • September 1, 2023 September 1, 2023
  • 09:56
Tax inspection

Bill C-42 would bring public access to private corporations’ beneficial ownership info

Tax inspection

Expanded reporting regime is intended to help the CRA fight aggressive tax planning

Close up of businesswoman using calculator while going through financial bills.

The CRA's interest rate on overdue tax will remain the same for a third consecutive quarter

growing wealth

Canadians’ unused TFSA contribution room exceeded the market value of their plans at almost all income levels

Tax inspection

Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor