As Canada’s income tax deadline nears, how much do you know about taxation?
Ron Clarke, owner of JBS Business Services in Trail, provides accounting and tax services.
by Ron Clarke Did you know that if a taxpayer fails to…
This type of claim involves many rules, and many variations on those rules.
Federal study details workers whose extra earnings get dinged most by tax system
CRA says it has not extended the tax filing deadline, which remains April 30 for most Canadians
He added he would target web giants such as Google, Netflix and Amazon
A global corporate minimum tax rate is now supported by 132 countries
Only two cases proceeded to federal prosecutors, with no charges laid
Expert says it’s important to verify you really are dealing with the CRA before you give out any info
The Group of Seven wealthy democracies agreed to support a global minimum corporate tax of at least 15% to deter multinational companies from avoiding taxes by stashing profits in low-rate countries
Nations have been grappling with how to deter companies from legally avoiding paying taxes through tax havens
Fraser Institute calculates May 24 as day average household income matches tax payable for 2021
Small, easily avoidable mistakes could end up costing you if you’re not careful
‘These repayments can be properly and easily credited to the correct account,’ assures CRA spokesperson
Michael Sholz reportedly forged documents to support ineligible tax credits linked to homeownership
CRA notified taxpayers Tuesday that their email address had been removed from their account