Trust and estate planners were concerned about the implications of the wording added to a subsection of the Income Tax Act
Recent telephone scams involve threatening taxpayers to scare them into paying fictitious debt to the CRA
The measure is part of a broader package the federal government announced on Thursday targeting terrorist activities
A human error at the CRA means that the tax filing deadline for advisors and their clients will now be on May 5 as opposed to April 30
The CRA has confirmed that Canadians can top up their TFSAs with the new $10,000 limit for 2015
Fraudulent communications claim to be from CRA
Financial firms now have to report international electronic fund transfers of $10,000 or more
New framework will see the two organizations working together on priority issues, such as red tape reduction, service, and compliance
The CRA has launched an investigation to the privacy breach
The CRA’s update of its guidance notes will include several changes