Watchdog’s ability to uphold taxpayer rights depends on who gets appointed
The Canada Revenue Agency has issued a list of frequently asked questions about pension income splitting.It notes that, beginning with 2007 income tax returns, Canadian residents will generally be able to allocate up to one-half of their income that qualifies for the existing pension income tax credit to their spouse (or common-law partner) for income […]
EFILE and NETFILE use up 5.2% from 2006
CRA working to clear backlog
Employees to begin processing outstanding files
Fix could take a matter of day, agency warns
Ontario man fined $8,000, CRA reports
Changes to tax declarations resulted in higher refunds
Agency currently auditing many gifting arrangements
Quebec man failed to report $498,000 of income