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Ottawa moves to expand CRA audit powers. What you should know

Ottawa moves to expand CRA audit powers. What you should know

BNN Bloomberg
Friday, April 26, 2024 10:21:43 AM UTC

With the April 30 tax filing deadline looming, Canadians have something else to stress out about.

Hidden away in this month’s federal budget is a proposal to significantly expand the audit powers of the Canada Revenue Agency (CRA), and crack down on those who don’t comply.

The move stems from a 2018 Report of by the Office of the Auditor General, which finds requests for information from taxpayers are often ignored. 

An estimated three million Canadians will receive a notice from the CRA that their income tax returns are being "reviewed".

Read full story on BNN Bloomberg
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