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The maximum amount of expenses eligible for the Children's Fitness Tax Credit remains at $1,000 per child who must have been under 16 years of age at the beginning of the year.

On March 28, 2024 (the last business day prior to the April 2nd trust reporting deadline), the Canada Revenue Agency ("CRA") announced that the CRA will not require bare trusts...

Recently CRA has approached hardware stores and building supply chains and asked them for details of customers who have enrolled in their contractor programs.

CRA cannot enforce a tax debt that is more than 10 years old unless they have made collection efforts within that 10 year period, or the tax debtor has acknowledged the income taxes owing.

CRA tax investigators are monitoring Auto Trader magazine, Craigslist, Kijjiji and similar on line sources as part of their announced crackdown on the underground economy.

In a special tax audit CRA investigators reviewed lists of municipal building permits in smaller communities to check on worksites for unregistered small-town subcontractors.

This question arises in the context of litigation and negotiation generally but dealing with CRA can be a different animal. CRA auditors have the authority to require taxpayers...

Crowdfunding has been defined as "the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet".

In Canada's 2019 Federal Budget, the Government announced its intent to limit the use of the current employee stock option tax regime that results ...

Individual Canadian immigrants are exempt from the requirements to file a T1135 information return for the year in which they first become Residents of Canada.

The Canada Revenue Agency says a prominent Ottawa lobbyist and federal Liberal party strategist has been sentenced to house arrest and fined $396,259 for income tax evasion.

The Canada Revenue Agency has recently been actively monitoring and tax auditing real estate transactions in British Columbia, as it has been previously doing in the GTA (Toronto area).

After a delay of almost 5 years CRA has announced it's implementation of the Federal Court of Appeal decision in Bozzer v. Canada (2011 FCA 186).

On March 22, 2016, the Liberal Government delivered its first budget which focuses on the growth of the middle class.

These medal payments are not an exception and will have to be reported on the athlete's 2016 tax returns when they are filed by April 30, 2017.

The database can be searched by country and when a hit is found it displays related records including other corporations and in some cases individual names.

Richard Cory Stanchfield was an "educator" for the discredited Paradigm Education Group, a de-taxer group that claims Canadians do not have to pay income tax.