More than US$50 million in unpaid taxes and penalties ends prosecution
CRA provides updated timeline for reassessments
Mortgage-seeking client was affected by outstanding — although incorrect — CRA liability
B.C. appeal court upholds interpretation of novel clause in will
Federal Court denies motion to dismiss application for judicial review
Agency tells CPA Canada it will begin reassessing affected returns "shortly"
The agency will proactively reassess affected returns
Agency confirms the interest rate Canadians must pay on overdue tax will drop to 7%
CRA identifies one issue that may have affected tax returns filed through April 21, and additional issues may remain
Also, CFIB calls for legislative action on lifetime capital gains exemption, Canadian Entrepreneurs' Incentive, carbon tax