Tax News

CRA’s focus on real estate audits paying off

Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023

By Michael McKiernan |April 8, 2024

3 min read

Manitoba to claw back basic personal amount above $200K

Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes

By Steve Lambert, The Canadian Press  and  Staff |April 2, 2024

2 min read

UHT not meant to generate extra tax revenue, CRA says

Agency has spent more administering the UHT than it has assessed so far 

By Rudy Mezzetta |March 29, 2024

5 min read

CRA exempts bare trusts from reporting requirements for 2023

Filing is required only if directly requested by the Canada Revenue Agency

By Rudy Mezzetta |March 28, 2024

3 min read