On behalf of National Revenue Minister Gail Shea (Egmont, P.E.I.), Labour Minister Lisa Raitt (Halton, Ont.) attended a children's dance competition at the Cobourg Highland Games to promote the Children's Arts and Fitness Tax Credits. Raitt highlighted that the Children's Fitness Tax Credit is on track to provide an estimated $120 million in tax relief … Read more
National Revenue Minister Gail Shea (Egmont, P.E.I.) highlighted that the Children's Fitness Tax Credit is on track to provide an estimated $120 million in tax relief to Canadian families in 2012. When children participate in eligible programs that focus on physical activity, families can save their receipts and claim the cost of those programs, to … Read more
The Canada Revenue Agency (CRA) announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates are calculated quarterly in accordance with applicable legislation and will be in effect from July 1, 2013 to Sept. 30, 2013. … Read more
The Canada Revenue Agency (CRA) announced on June 5, 2013 that Edward G. Gilmore of Scarborough, Ont., pleaded guilty in the Ontario Court of Justice in Toronto to one count of tax evasion and was fined $13,702. The CRA investigation revealed that for the years 2005 to 2008 Gilmore understated his business income by $145,794. … Read more
The Canada Revenue Agency reminds self-employed individuals and their spouses or common-law partners that this year, the June 15 filing deadline has been extended to midnight on Monday, June 17, 2013, as June 15 falls on a Saturday. More information is available online. Call 613-952-9184. National Revenue Minister Gail Shea (Egmont, P.E.I.) announced that the … Read more
The Canada Revenue Agency (CRA) announced that on May 31, 2013, Doreen Tennina was found guilty in the Superior Court of Justice in Oshawa, Ont., on two counts of fraud over $5,000 under the Criminal Code and was sentenced to the maximum period of 10 years in jail on each count to be served concurrently. … Read more
National Revenue Minister Gail Shea (Egmont, P.E.I.) met with business owners in Dartmouth, N.S., to highlight the vital role that small businesses play in supporting the economy and job creation, and how the government's Economic Action Plan will help them grow and succeed. The full release is available online. Call 613-995-2960.
The Canada Revenue Agency announced that on May 27, 2013, Yvon Champagne of Sault Ste. Marie, Ont., pleaded guilty in the Ontario Court of Justice in Sault Ste. Marie, to a total of five counts of failing to file corporate tax returns. He was fined $5,000. More information is available online. Call 705-671-0594.
National Revenue Minister Gail Shea (Egmont, P.E.I.) celebrated that Canadians have been served for five successful years by J. Paul Dube, Canada's first taxpayers' ombudsman. The office operates independently from the CRA and has worked since 2008 to promote taxpayer service rights. More information is available online. Call 613-952-9184.
National Revenue Minister Gail Shea (Egmont, P.E.I.) announced that Canadian families are receiving significant tax refunds as a result of the low-tax measures introduced by the government since 2006. Shea said the average individual tax refund so far for the 2012 tax year is approximately $1,620. She added that it is a significant increase from … Read more
