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

Updated GAAR guidance could boost reporting under expanded mandatory disclosure rules

Advisors will need to consider whether to report transactions even if they're not required to

By Michael McKiernan |July 12, 2023

3 min read