Canada Revenue Agency News
Some of the latest breaking stories from and about the Canada Revenue Agency Including Media Releases
This section is currently being updated. Please check back soon.
- Canada Revenue Agency Pays out $750K+ to Avoid Lawsuit :CRA SOTW ...
Philippe Brideau, spokesman for the Canada Revenue Agency. ... Visit the CRA SOTW Library at http://canada.revenue.agency.angelfire.com ...
- Canadians' unpaid tax bill grows to $25-billion « Social Policy in ...
By Duncan Matheson
The tab for overdue taxes has been climbing in recent years, according to the Canada Revenue Agency. The $25-billion figure, the amount owing as of March 31, represents an increase of more than 35% over the total owing five years ago, ...
- Overdue taxes amount to more than half of national deficit
Macleans.ca
A spokesperson for the Canada Revenue Agency emphasized that the sum is a “snapshot†that reflects debt accumulated over several years.
- Canadians owe $25-billion in back-taxes | No Apologies
By office@ecpcentre.org (ECP Centre)
Figures tabled last week in the House of Commons also show the Canada Revenue Agency wrote off $1.9 billion in taxes as uncollectible in the most recent fiscal year. Such write-offs have been relatively stable in the past five years. ...
- Canadians, their businesses owe $25B in overdue taxes
Edmonton Journal
The tab for overdue taxes has been climbing in recent years, according to the Canada Revenue Agency. The $25-billion figure, the amount owing as of March 31 ...
- Bullying in Canada
Wire Service Canada
I have no idea how I got on the bad person list at the Canada Revenue Agency. At one time I thought it was due to a disgruntled angry ex employee going to ...
- Happy New Year from CRA – Your Being Audited! | The Accounting Place
By alan
On December 20, 2010 The Accounting Place received an e-mail notification from Canada Revenue Agency regarding an upcoming “Letter Campaign Initiative” to be implemented in early 2011. CRA has informed tax specialists and e-filers ...
- Five Ways to Improve File Security: Part I of VI - Imperva Data ...
By Rob Rachwald
The Canada Revenue Agency, the national tax authority, reported that Agency workers had been downloading revenue and tax related files for personal gain and to provide preferential treatment for relatives and friends (Toronto Star, ...
- CRA going after the superwealthy
Financial Post
If you're someone with a high net worth, you may be selected for a detailed audit or review as the result of a recent Canada Revenue Agency project that is ...
- Politics - The Globe and Mail
Madan Kehar, right, a former Canada Revenue Agency official and accountant, is suing the agency for $1-million, claiming he and his wife, retired CRA lawyer ...
- Tax-free savings account rule confusing
CBC.ca
The Canada Revenue Agency demanded taxes from those Canadians because they took money out of their tax-free savings accounts (TFSAs) in 2009, then replaced ...
- Agency charged woman $10000 for tax claim she could have filed for ...
By Disability Dreams Group
Filing a successful DTC case with the Canada Revenue Agency is a process that has an assortment of challenges that need special training to meet the stringent stipulations of qualification. Would you let your friend complete legal ...
- Stephen Harper declares 2011 Year of the Entrepreneur: CFIB is hopeful action ...
Vancouver Sun
Jones said she is “quite hopeful” that the commission is going to tackle issues such as poor service from the Canada Revenue Agency, ...
- Owner/Ops: Are you entitled to share of $15M settlement?
Truck News (blog)
As I first reported last week, a group of about 35 carriers has won a landmark settlement against Canada Revenue Agency that will see up to $15 million ...
- Equity pay taxation battle to go to Federal Court
Montreal Gazette
But a decade later, the Public Service Alliance of Canada and the Canada Revenue Agency are still arguing about how the money should be taxed. ...
- Equity pay taxation battle to go to Federal Court | iPolitics
By Don Butler
But a decade later, the Public Service Alliance of Canada and the Canada Revenue Agency are still arguing about how the money should be taxed. Next month, the matter will land in Federal Court, with the PSAC hoping to reverse an April ...
- Education credits are controlled by students
New Brunswick Business Journal
And this claim is often reviewed by the Canada Revenue Agency (CRA), so taxpayers need the signed slip. If the student elects to transfer credits to a ...
- Retirement traps: Nortel Canada Disable get a tax break on HWT payout
By Tom
Last Updated: January 13, 2011 8:48pm OTTAWA - The tax man is giving disabled Nortel employees a break. Canada Revenue Agency won't be collecting taxes on the payments the workers get from their underfunded health and welfare trust. ...
- Canada Revenue won't relax wealth disclosure rules - The Globe and ...
The Canada Revenue Agency says it is not relaxing its standards for people who voluntarily come forward to declare hidden fortunes, despite widespread ...
- Canada Revenue won't relax wealth disclosure rules
Globe and Mail
The Canada Revenue Agency says it is not relaxing its standards for people who voluntarily come forward to declare hidden fortunes, despite widespread ...
- Ottawa Nixes Relaxation Of Wealth Disclosure Rules – Indyposted
By AHN
Tax lawyers find the Canada Revenue Agency's voluntary disclosure program too restrictive. As a result, the program scares wealthy Canadians with money outside the country from reporting their overseas funds. In anticipation of laxer ...
- Tax-Deductible Moving Expenses
By Laurin Jeffrey
Remember to keep recipient and documents supporting your claims, you do not have to include those document in you tax claim but Canada Revenue Agency may want to see them at a later date. Keep in mind that this article is for ...
- EXCLUSIVE: Canadian trucking companies win landmark settlement with CRA on ...
Truck News
TORONTO, Ont. -- A group of Canadian trucking companies has won a landmark settlement with Canada Revenue Agency (CRA) that will see up to $15 million ...
- Fiscalia - Publicaciones - Los impuestos en el mundo ...
Canada Room For Improvement At Canada Revenue Agency As part of its annual Red Tape Awareness Week, the Canadian Federation of Independent Business has released a report card on the Canada Revenue Agency customer service experience. ...
- Living with a disability? Explore your tax options
New Brunswick Business Journal
The Canada Revenue Agency provides an online questionnaire on its website that will help determine whether you qualify, or you can discuss your situation ...
- US/Canada tax returns : Canadians in the USA
By tufa4311
Is the only way to figure this out to fill out a "determination of residency status" form with the Canada Revenue Agency? Help! this is so confusing even tax professionals here are having trouble with it... Additional facts: ...
- Feds, public service union battle over pay equity back taxes
Vancouver Sun
But few actually benefited from the new provision, because the law also required the Canada Revenue Agency (CRA) to charge compound interest on the back ...
- Canada's red tape horror stories | Machine Marketplace - Machine ...
Between Statistics Canada surveys, Canada Revenue Agency phone calls, and new health and safety planning, Lavoie says business days are getting longer and he's getting more stressed out. His is just one of several stories from small ...
- The Globe and Mail
Globe and Mail
It depends on the business, but lots of business owners have concerns about the Canada Revenue Agency (CRA) so, from a volume point of view, you could argue ...
- Q&A: How can I request the Canada Revenue Agency to stop sending ...
By admin
by HowardLake Question by L L: How can I request the Canada Revenue Agency to stop sending statements in the mail for direct deposits? GST/HST Tax.
- No charges against Canadians who parked funds in tax havens | www ...
By marketmaker
More than three years after the Canada Revenue Agency first learned the names of 106 Canadians with bank accounts in the offshore tax haven of Liechtenstein, nobody has been prosecuted and nobody has been fined ...
- No charges against Canadians who parked funds in offshore tax havens
Vancouver Sun
OTTAWA — More than three years after the Canada Revenue Agency first learned the names of 106 Canadians with bank accounts in the offshore tax haven of ...
- Why is the Canada Revenue Agency (CRA) Auditing Students? - Monty ...
The Canada Revenue Agency (CRA) routinely audits students and parents who claim tuition deductions through the T2202 form. Does their current process make ...
- The Dividend Girl: The Canada Revenue Agency is after me - Part 2
By Sunny
But myself as an individual, I might have forget to print one of the form, because when I visit my accountant just an hour ago, I was told that the form that Canada Revenue Agency refer to in their letter, well, that form was not from ...
- Canada's ill treatment of disabled.
By Tom
9, 2010 Nortel HWT decision conflicts with Canada Revenue Agency (CRA) rules for HWTs. The income tax act has had a clause since 1979, of no tax deduction for employer contributions paying for life insurance beyond the current year. ...
- Agency Charged Woman $10000 For Tax Claim She Could Have Filed For ...
By admin
When the cheques arrived from Canada Revenue Agency – totaling $38237.71 – she handed over the required $10037.41. (The company's rate has since gone up from 25 per cent to 30 per cent.) Canada Revenue Agency allows reviews on tax ...
- Nortel employees seek legal clarity around health and welfare trust
Benefits Canada
9, 2010 Nortel HWT decision conflicts with Canada Revenue Agency (CRA) rules for HWTs. The income tax act has had a clause since 1979, of no tax deduction ...
- Disabled Canadians pay thousands to get benefits
Toronto Star
When the cheques arrived from Canada Revenue Agency — totaling $38237.71 — she handed over the required $10037.41. (The company's rate has since gone up ...
- Get caught up on your tax returns
Times and Transcript
If you are missing T slips or Registered Retirement Saving Plan (RRSP) slips, you can request copies from the Canada Revenue Agency at 1-800-959-8281. ...
- CANADA REVENUE AGENCY WORKER FACING FRAUD AND FORGERY CHARGES
A Canada Revenue Agency Employee from Toronto is facing fraud and forgery charges. Provincial Police filed the employee who is accused of accepting money ...
- Swiss bank tries to block Canadian tax probe
Toronto Sun
By QMI Agency MONTREAL — Swiss banking giant Credit Suisse will try to block the Canada Revenue Agency's efforts to obtain volumes of client records as ...
- The Canada Revenue Agency revokes the charitable status of Christ ...
By admin
It is the view of the Canada Revenue Agency (CRA) that the Organization has improperly issued receipts for amounts greater than the amounts donated, issued receipts for transactions that do not qualify as gifts or are otherwise not in ...
- Statement by the Minister of National Revenue, Keith Ashfield, on ...
By admin
That is why we developed and introduced the Taxpayer Bill of Rights and created the position of Taxpayers' Ombudsman to report to the Minister with recommendations on how the Canada Revenue Agency can better serve Canadians. ...
- canada revenue agency payroll deduction tables 2010 | Payroll Services
GENWORTH MI CANADA INC.the 2010 annual meeting (the Meeting) of shareholders will be held on May 5, 2010 at 10: pensionable earnings up to the annual ...
- CRA still leading TFSA investors astray, subjecting them to big fines
Vancouver Sun (blog)
By Don Cayo 20 Nov 2010 COMMENTS(0) Cayo First the Canada Revenue Agency leads taxpayers astray with with misleading promotional bumph; then it nails them ...
- New Canada Revenue Agency Position on Barbados Exempt Insurance ...
The Canada Revenue Agency (CRA) recently indicated that Barbados “exempt insurance companies” (EICs) may be considered “liable to tax” in Barbados within ...
- Hugues Boisvert - Ottawa Business Lawyer: Taxman cracks down on IT ...
By Hugues Boisvert
Thousands of local IT consultants are facing hefty tax reassessments as the Canada Revenue Agency reexamines their relationship with staffing agencies that help connect them to the federal government, experts say. ...
- Do more penalties loom in TFSA overpayment fiasco?
Vancouver Sun (blog)
She's one of many who contacted me last year after the Canada Revenue Agency hit them with hefty penalties for over-payments after they were naïve enough to ...
- Canada Revenue Agency Fires 6, Suspends 3 :CRA SOTW Discussion ...
Canada Revenue Agency fires six, suspends three in Montreal office ... The Canada Revenue Agency has fired six employees in Montreal and suspended three ...
- Canada Revenue Agency fires six, suspends three in Montreal office
Globe and Mail
The Canada Revenue Agency has fired six employees in Montreal and suspended three others without pay as part of a growing scandal into allegations that the ...
- Corruption circus likely to hit Hill next year | Canada | News ...
Last week, Canada Revenue Agency admitted it has fired six employees and suspended three without pay for misconduct in the past two years. There is an ongoing RCMP investigation that started in 2007 that has linked Mafia infiltration to ...
- Canada Revenue Agency Fires Six, Suspends Three :CRA SOTW - nf ...
The Canada Revenue Agency has fired six employees in Montreal and ... magnate] Tony Accurso, will the Canada Revenue Agency start looking ...
- Get 100 per cent tax write-off on computer purchases
ITBusiness.ca (blog)
... a larger income tax bill in the future. To learn more about other CCA rates, go to the Classes of Depreciation page of the Canada Revenue Agency website.
- NewsMakers – Nov. 17, 2010 News Briefs « Daily Business Buzz
By admin
[CHARLOTTETOWN, PE] Maritime Electric wins $6M CRA settlement: Maritime Electric has just won a $6-million settlement with the Canada Revenue Agency. The details of the settlement cannot be disclosed because it is subject to a ...
- New Canada Revenue Agency position on Barbados exempt insurance companies
Lexology (registration)
The Canada Revenue Agency (CRA) recently indicated that Barbados “exempt insurance companies” (EICs) may be considered “liable to tax” in Barbados within ...
- Taxpayers Have 'Right To Know' Says Canada's Ombudsman
Tax-news.com (subscription)
The role of the Ombudsman is to ensure that the Canada Revenue Agency is respecting the rights of taxpayers as per the Taxpayer Bill of Rights, ...
- Tax agency employee assaulted - Need to know - Macleans.ca
By macleans.ca
According to a Radio-Canada report, a Canada Revenue Agency employee was assaulted Friday night outside a Montreal restaurant where employees were having a Christmas party. The male victim works in the agency's investigations department ...
- Revenue Canada fraud investigator attacked
CBC.ca
A high-ranking manager who oversees internal fraud investigations at the Canada Revenue Agency was assaulted overnight Friday as he left a staff Christmas ...
- Auditors 'distressed' after senior tax audit official beaten
Globe and Mail
A senior official in the Canada Revenue Agency's audit division was beaten up leaving a staff Christmas party hours after the organization revealed that it ...
- Post-Doctorates: Grad Students and Post Docs ask the Federal government to act ...
DigitalJournal.com (press release)
"The Canada Revenue Agency (CRA) keeps threatening the possibility of applying the measure retroactively to 2006. We have already heard about cases where ...
- Canada Revenue Agency, Appeals & "The Right to Know" :CRA SOTW ...
Message from discussion Canada Revenue Agency, Appeals & "The Right to Know" ... Visit the CRA SOTW Library at http://canada.revenue.agency.angelfire.com ...
- Silent bureaucracy needs to share reasoning
Toronto Sun
Yet the Canada Revenue Agency's (CRA) appeals branch still isn't being forced to explain the reasons behind their rulings regarding those disputes. ...
- Canada Issues Tax Relief Reminder
Tax-news.com (subscription)
The Canada Revenue Agency (CRA) has issued a reminder to taxpayers and all tax registrants that they have until December 31, 2010 to file requests under the ...
- Tax-free savings account a mystery to many - Fund money market
By admin
Earlier this year, the Canada Revenue Agency took the unusual step of allowing account holders to explain how and why they misinterpreted the rules. Based on those answers, the agency waived fees for some who had made mistakes in how ...
- A step toward more openness
Lethbridge Herald
It may not ensure Canadians more success in appealing decisions by the Canada Revenue Agency, but an announcement by the federal government this week should ...
- Revenue agency ordered to give reasons for decisions
OTTAWA - Explaining the reasons for a ruling may seem like a fundamental element of justice, but the Canada Revenue Agency apparently doesn't think so. ...
- Taxpayer relief deadline nears
By Kustom Design
The Canada Revenue Agency (CRA) reminds taxpayers and all tax registrants that they have until December 31, 2010 to file requests under the taxpayer relief provisions for the 2000 tax year and any reporting period that ended during the ...
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