In one case, failure to report resulted in an overcontribution penalty
Industry divided on, investor advocates opposed to, reforms
Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023
Agency has spent more administering the UHT than it has assessed so far
Editorial: Last-minute policy reversals undermine an already fragile trust between tax authorities and the public
Filing is required only if directly requested by the Canada Revenue Agency
Some firms concerned CRA’s employee expense policy could thwart return-to-office initiatives, EY Canada tax expert says
Province will encourage municipalities to set higher VHT rate for foreign-owned homes
Tax reform could mean easier access to benefits, provide a boost to productivity
Agency says it won’t apply gross negligence penalties for non-filing of 2023 bare trust returns except in “egregious cases”