Police allege financial institutions defrauded in money laundering scheme
Programs in U.S. and Canada have proven effective at detecting, deterring financial crime
Administrative changes are welcome in an area fraught with uncertainty
The agency could extend reassessment period if a taxpayer is issued a notice of non-compliance
The new verification process will be more convenient, but not all taxpayers will benefit
Agency has spent more administering the UHT than it has assessed so far
Some firms concerned CRA’s employee expense policy could thwart return-to-office initiatives, EY Canada tax expert says
Agency says it won’t apply gross negligence penalties for non-filing of 2023 bare trust returns except in “egregious cases”
Deadline for filing underused housing tax return for 2022 and 2023 is April 30
One in 10 Airbnbs in Montreal, Toronto and Vancouver are unlicensed, report found