#canada-revenue-agency

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www.cbc.ca
1 week ago
Canada news

CRA reversed $246M in pandemic benefit debts after thousands contested eligibility status | CBC News

The Canadian government had to cancel at least $246 million in debts for Canadians who were initially deemed ineligible for pandemic benefits. [ more ]
www.cbc.ca
1 month ago
Canada news

CRA paid out $37M to tax scammers, unsealed affidavit alleges | CBC Television

Alleged scammers deceived Canada Revenue Agency, obtained $37 million through fraudulent tax returns and sham transactions in the telecom business. [ more ]
www.cbc.ca
1 month ago
Canada news

CRA pausing new 'bare trust' reporting requirement just days before filing deadline | CBC News

CRA paused new bare trust reporting requirement days before deadline
Unintended impact on Canadians led to the pause of new reporting requirements for bare trusts. [ more ]
www.cbc.ca
1 month ago
Canada news

Brampton man who claimed $34M in false donations for clients gets 3-year prison term | CBC News

An Ontario man sentenced to 3 years for $34 million charity fraud
Canada Revenue Agency holds promoters and users accountable for tax evasion [ more ]
www.cbc.ca
3 months ago
Canada news

ANALYSIS | Toronto Maple Leafs captain fighting $8M tax bill in court | CBC News

Toronto Maple Leafs captain John Tavares is taking the Canada Revenue Agency to court over an $8 million tax bill.
The case could have implications for how pro athletes structure their contracts and which teams they sign with. [ more ]
www.cbc.ca
3 months ago
Canada news

Maple Leafs captain John Tavares taking CRA to court in $8M tax dispute | CBC Sports

Toronto Maple Leafs captain John Tavares is taking the Canada Revenue Agency to court in a tax dispute of over $8 million.
Tavares argues that his $15.25 million signing bonus should be considered an inducement and not salary or wages, making him eligible for a reduced tax rate. [ more ]
www.cbc.ca
3 months ago
Canada news

Flair Airlines owes $67 million in unpaid taxes as CRA opens door to seize carrier's property | CBC News

Flair Airlines owes the federal government $67.2 million in unpaid taxes related to import duties on their Boeing 737 Max jetliners. The Canada Revenue Agency obtained an order for the seizure and sale of the carrier's property.
Flair Airlines CEO Stephen Jones says they have a payment plan with CRA and are current with the plan, but the terms are confidential. The CRA looks to make arrangements with companies before seizing property or assets for collection. [ more ]
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