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
The federal tax agency also delays implementing registered fee position
Union uses findings to further push federal government to increase CRA funding
Investigation will identify any gaps and areas for improvement
Tax enforcement authorities in five countries to work together to fight tax crimes, money laundering and cybercrime
The federal tax agency is making the transition to a new telephone system that will connect callers with agents more efficiently
Latest CRA study finds government could be losing up to 2.2% of individual tax revenue through offshore tax evasion
The federal tax agency is focusing on modernizing technology, improving agent training and updating service standards