CCRA Rulings

IncomeTaxCanada.net provides news and information to help you understand our how CCRA Rulings impact your personal and corporate Canadian Income Tax. Our simple income tax tips are easy to understand and will help you save money.

1. CCRA's reasonable expectation of profit (REOP) replaced by new definition after Supreme Court of Canada ruling
   
   
2. Underground economy based on cash to avoid income taxes and GST, but CCRA pursuing tax evasion
   
   
3. Notice of Assessment not binding if CCRA should subsequently find an error or fraud
   
   
4. Tax-deductible interest based on income-yielding investments as defined by the CCRA
   
   
5. Onslaught of tax shelters and creative tax-saving schemes is no accident at this time of year
   
   
6. Tax Court of Canada decisions impose penalties on taxpayers making false statements or omissions
   
   
7. Taxpayers obtaining illegal income get closer scrutiny by CCRA auditors
   
   
8. Kinder, gentler approach by CCRA to late fees for employers' payroll remittance
   
   
9. Leaving Canada to escape income taxes? CCRA 's updated bulletin on requirements for non-resident taxpayers is worth reading!
   
   

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