CRA audits of ultra-wealthy Canadians yield zero prosecutions, convictions
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CRA audits of ultra-wealthy Canadians yield zero prosecutions, convictions - Business News
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OTTAWA – The number of audits launched by Canada Revenue Agency on large corporations dropped by over 30 per cent in the four years preceding the pandemic, much to the surprise of the NDP and tax experts.
“I’m disappointed,” said Toby Sanger of advocacy group Canadians for Tax Fairness. “We’ve been told for years and years that they’re focusing more in this area, but we haven’t seen all that much to show for it yet.”
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