CRA’s $1 Billion Real Estate Nut: Tough to Crack
The Canada Revenue Agency (the “CRA”) recently published a news release (the “Release”), in which it identifies over $1 billion in unpaid taxes in… Read more
Tag: Audit
Paradise Papers, New VDP Not Government’s Panacea in 2019
The Canada Revenue Agency (the “CRA”) has launched roughly 100 audits into taxpayers named in the Paradise Papers offshore tax leak, according to documents… Read more
CRA Crackdown Eyes Toronto and Vancouver Property Sales: Worth $600 Million in Lost Revenue
The CRA is focussed on recovering lost revenue in the real estate market. In particular, it is targeting home sales in Vancouver and Toronto…. Read more
Uber’s Tax Woes Signal Gig Economy is the Next Frontier in CRA’s Tax Collection Efforts
Uber wants its users, its drivers and particularly the Canada Revenue Agency (the “CRA”) to agree that it does not provide “rides” to its… Read more
Restaurant Owners Who Buy from The Beer Store Will Face Increased CRA Scrutiny
Ontario restaurant and bar owners are likely the latest target of the Canada Revenue Agency’s (the “CRA”) effort to audit unreported or under-reported income… Read more
CRA Audit Questionnaires
According to an article published in the February 5, 2011 edition of the National Post, CRA has sent out questionnaires to high net worth Canadians… Read more
