A recent FCA case confirms a lower court’s decision restricting interest deductibility when ROC is involved
Liaison officer program provides in-person visits and seminars help business understand their tax obligations
It's status quo for advisors while the Department of Finance completes a tax policy review
Feds missed out on $169 million in tax from foreign digital vendors
Benefits were claimed for children who didn’t exist or never entered Canada, says the CRA
Issuers are only "joint and severally liable" to a point
Reporting currency folio also updated the same day
The agency says it has no plans to abandon paper tax returns despite the rising use of digital services
Tax Court decision may limit the scope of the advantage tax
The tax evasion scheme was promoted by a tax protestor organization, the CRA says