Fewer than 2% of UHT returns have involved tax owing
Agency confirms the interest rate Canadians must pay on overdue tax will rise to 10%
Most adjustments were related to calculation errors and lack of documentation rather than ineligibility
Tax advisors still on shaky ground as five sets of transactions are confirmed
The prescribed rate is set to rise in Q1 2024
The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms
The 90-day deadline for the first mandatory disclosures under the new law is Sept. 20
Long-running venture took in millions from investors, police allege
The CRA said in July that it had let 20 employees go as a result of its CERB investigation
Relief of penalties and interest may also be available to affected people and businesses