Review of CRA 12 Step Red Tape Reduction Plan Part 4 & 5
Part 4 & Part 5
In this part of the CRA red tape reduction plan the Canada Tax department is taking responsibility for their accountability for information. This is also a welcoming change. All too often advice given by the tax department in the past has either been so vague or so complex that it is near impossible for the business person to decipher. In fact, it often creates confusion for the tax accountant who is far more experienced with business tax matters. These professionals however, are able to follow through with determining the full meaning of such information based on their expertise.