CRA

Tax News

How to fix RRSP overcontributions

Read this if you have an RRSP and have exceeded your contribution limit.

By Jessica Bruno |December 5, 2014

3 min read

Tax News

CRA leaks tax info on famous Canadians’ cultural donations

CRA has accidentally leaked the personal information of hundreds of rich and famous Canadians to CBC in response to an access to information request.

By Staff |November 26, 2014

1 min read

Industry

Can you take a working tax holiday?

Canadians can’t always avoid CRA when working abroad

By Jessica Bruno |November 26, 2014

10 min read

Market Insights

Tax games: Are some companies playing with fire?

Some Canadian companies pay less tax by using byzantine structures and have come under investigation by CRA and the IRS.

By Al and Mark Rosen |November 26, 2014

5 min read

Enhanced T1135 means more work for advisors

Taxpayers with foreign assets, be they condos or stocks, have to file a T1135 every year. It used to be a straightforward process, but last year the Department of Finance turned it into a big headache.

By Staff |October 31, 2014

5 min read

CRA sets Q4 interest rates

CRA has announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates will be in effect from October 1, 2014 to December 31, 2014.

By Staff |September 12, 2014