Expanded reporting regime is intended to help the CRA fight aggressive tax planning
The CRA's interest rate on overdue tax will remain the same for a third consecutive quarter
Accountholders' unused TFSA contribution room exceeded the market value of their plans at almost all income levels
Advisors will need to consider whether to report transactions even if they're not required to
Trustees must use Schedule 15 to report names, addresses and tax information numbers for beneficiaries
Government said records were being sought to verify that merchants were obeying tax acts
Financial advisors may need to report more things to the Canada Revenue Agency
Agency requires names, addresses and taxpayer information numbers under expanded trust reporting rules
It’s not too early to consider the estate implications if someone dies while holding an FHSA
After rising for four consecutive quarters, interest rate charged on overdue tax to stand steady