Today, the Honourable Diane Lebouthillier, Minister of National Revenue, launched the Canada Emergency Wage Subsidy calculator to enable eligible employers to determine the amount they can expect to claim when applying for the wage subsidy.
Over one hundred years ago, The Income Tax War Act of 1917 was introduced to fund the expenses of the First World War. At the time, the Department of Inland Revenue, which became the Canada Revenue Agency (CRA), had 36 employees across the country.
A globally coordinated day of action to put a stop to the suspected facilitation of offshore tax evasion has been undertaken this week across the United Kingdom (UK), United States (US), Canada, Australia and the Netherlands.
A strong and independent media is essential to a well-functioning democracy. In today’s changing media landscape, Canadian news outlets need support as they evolve to meet the demands of a globalized, digital marketplace.
Following the recent data breach at the Bulgarian National Revenue Agency (BNRA), the BNRA confirmed with the CRA that a small number of Canadian taxpayers with financial accounts in Bulgaria and Bulgarian taxpayers with financial accounts in Canada have been impacted.