Foreign Income Verification Statement Question on T1 General Tax Return, T2 Corporate Return and T3 Trust Returns When you complete your Personal Income tax return for Canada there is a question on the front of the return which asks “Did you own or hold foreign property at any time in 2012 with…
Any encounter with the CRA is not usually a pleasant one, and the majority of people just dread having to have any dealings with this Government department outside of completing their taxes on time. When one hears talk of tax pardons or tax amnesty then it gives a glimmer of hope that maybe having issues…
Going through a divorce is not a pleasant experience. It has a dramatic and negative affect on several aspects of both parties including the children and other family members. One area that has to be addressed during this time is the legalities which include the finances. You both need to be able to depend on…
Stop International Tax Evasion Program One of the items proposed in yesterdays budget by The Honourable Jim Flaherty, Minister of Finance, is to launch the Stop International Tax Evasion Program under which it will pay rewards of up to 15% of the federal tax collected to individuals with knowledge of major international tax non-compliance…
