The federal government says it is in line to collect more than $13 billion worth of taxes owing
Tax lawyers say any changes to the program should strike a balance between tightening the rules and keeping it attractive
James Harvey Cameron was found guilty of fraud and tax evasion for his role in an illegal RRSP scheme that diverted investors’ funds
CRA publishes new compliance guidance for CRS, FATCA
The Canada Revenue Agency took several of its web-based services offline as a precaution Friday after a problem was detected in computer servers used by websites worldwide
Advisors have a role to play in warning clients about the documentation they’ll need to take advantage of key tax benefits available to those buying a home
The tax agency says the services were taken offline as a precaution and its website was not hacked
The 2016 federal budget included $444.4 million over five years to help the agency crack down on wealthy tax cheats
The federal tax agency notes that the data are encrypted and the risk that the taxpayers’ information would be compromised is thought to be very low
Recent reports from the two government-related committees contain recommendations for the feds to step up their efforts against offshore tax avoidance and tax evasion