Net Worth Assessment

Posted By: TaxChambers LLP on June 12, 2017 at 1:34:14 in Articles

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Vern Krishna of TaxChambers LLP discusses the implications of a Canada Revenue Agency “net-worth” or arbitrary assessment as well as the reasons why the CRA would assess a taxpayer in that manner and how taxpayers can avoid these penalties and ensure that their tax return contains the appropriate data, documents, and income.

To read the full article on Net Worth Assessments, please visit Taxnet Pro™.



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