On December 10, 2010, the Financial Post published an article about the charitable donation program industry. The article examined the industry in general and specifically…
According to figures from the Canada Revenue Agency (CRA), 2010 has been a record year for the Voluntary Disclosure Program. In the 2009-2010 fiscal year,…
In an article published in the November 23, 2010 edition of the Toronto Star, Finance Minister Jim Flaherty pledged to widen the ability of a taxpayer…
As reported in the November 22, 2010 Globe and Mail, Swiss Bank Credit Suisse is appealing an order to disclose information on unnamed taxpayers to the…
The Taxpayer’s Ombudsman recently released a report entitled “The Right To Know” in which he condemned the CRA’s practice of not always fully explaining the decisions…
On October 22, 2010, Canada signed an information-exchange agreement with Switzerland. The agreement allows CRA to request information on Canadian taxpayers from their Swiss counterparts. This…
According to a CRA spokesperson, more than $33 million in undeclared income has been uncovered from Swiss bank accounts. Of that amount, almost $1 million of…
According to an editorial by Diane Francis in the October 7, 2010 edition of the National Post, the Canada Revenue Agency has failed to adequately…
According to a report in the September 30, 2010 Globe & Mail, CRA has received information on approximately 1,800 Swiss bank accounts held by Canadians. The information…
In an article published in the September 21, 2010 Globe and Mail, it appears that Toronto police officers have been audited by the CRA for…
On August 27, 2010, CRA announced that they had convicted an individual for failing to report business income from their business selling fur coats on eBay….
On April 10, 2010, the National Post printed an article regarding the tax implications regarding sales on eBay. The article examines the income tax implications that may…