The Federal Court of Appeal (FCA) recently dismissed the Bank of Nova Scotia’s (BNS) appeal and upheld the Canada Revenue Agency’s (CRA) practice of charging arrears interest on a non-existent tax debt where audit adjustments...more
12/5/2024
/ Appellate Courts ,
Canada ,
Canada Revenue Agency (CRA) ,
Carryback Rules ,
Income Tax Act ,
Interest Rates ,
Supreme Court of Canada ,
Tax Court ,
Tax Debt ,
Tax Liability ,
Tax Policy ,
Taxable Income
The Canada Revenue Agency (CRA) can now require taxpayers or any other person to answer “all proper questions” and provide all reasonable assistance for any purpose relating to the administration or enforcement of the Income...more
1/18/2023
/ Attorney-Client Privilege ,
Books & Records ,
Canada ,
Canada Revenue Agency (CRA) ,
Income Tax Act ,
Income Taxes ,
Inspections ,
Interviews ,
RPI ,
Tax Audits ,
Transfer Pricing