Tax

CRA releases revised form for mandatory tax disclosures

Expanded reporting regime is intended to help the CRA fight aggressive tax planning

By Rudy Mezzetta |July 27, 2023

2 min read

Prescribed rate to stay at 5% in Q4

The CRA's interest rate on overdue tax will remain the same for a third consecutive quarter

By Rudy Mezzetta |July 25, 2023

2 min read

Canadians still underusing TFSAs

Accountholders' unused TFSA contribution room exceeded the market value of their plans at almost all income levels

By Rudy Mezzetta |July 20, 2023

2 min read

Budget watchdog reviewing underused housing tax again

U.S. critics continue to push for relief for Americans who own seasonal properties in Canada

By James McCarten, The Canadian Press |July 20, 2023

4 min read