Tag: cra

Multimillion-dollar fraud case

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Four Canadian women are facing charges for faked invoices, expenses and sales. They have allegedly committed multiple instances of tax fraud, all of whom have pleaded not guilty and will be representing themselves in their upcoming court case despite suggestions to seek professional legal advice. The women claim to own…

Passing Of Bill C-208 To See More Businesses Stay Within The Family

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It is good news for small family businesses, including farming and fishing enterprises, following the passing of Bill C-208. This Act proposes amendments to the Income Tax Act so that there are better tax terms when it comes to the intergenerational transfer of shares for qualifying corporations. The Bill has…
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Report Highlights Muslim Profiling Problem At The CRA

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A recent report published by the National Council of Canadian Muslims (NCCM) and the University of Toronto has begun to attract attention after findings indicated that there may be biases in how the government has been undertaking audits of Muslim charities in the country. Titled “Under Layered Suspicion: A Review…