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
In The Bank of Nova Scotia v The Queen, the Tax Court of Canada (TCC) considered how to calculate arrears interest on an audit adjustment that is offset by a loss carryback. ...more
11/5/2021
/ Arrearages ,
Back Taxes ,
Canada ,
Carryback Rules ,
Delinquency Status ,
Income Tax Act ,
Income Taxes ,
Interest Accrual ,
Reassessments ,
Tax Court ,
Tax Debt ,
Tax Liability ,
Tax Planning ,
Transfer Pricing