Agency provides examples of when income-earning purpose is met
If proposals pass, CRA can impose harsh new penalties and compel taxpayer testimony under oath
Rebate decision failed to properly consider impacts of the pandemic
Agency confirms the interest rate Canadians must pay on overdue tax will remain 9%
Prescribed rate for fourth quarter to match third-quarter rate
Clients with significant capital gains in 2024 face uncertain tax exposure
Taxpayer penalized for overcontribution after relying on My Account information
Agency received more than 52,000 bare trust returns for 2023, despite issuing last-minute filing exemption
New U.K. regime will be caught between policy promises and financial markets
Advisors should speak to clients annually about crystallization