NDP asks auditor general to look into CRA's ability to audit large corporations and wealthy individuals

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\u0027More than five years after the Panama Papers and Paradise Papers scandals, the lack of results casts serious doubt on the CRA\u0027s ability to be fair to all…

At the time, the agency explained that the drop in new audits was not a bad thing, but rather because it had refocused its efforts targeting large corporations, wealthy individuals and offshore tax evaders to catch the “big fish,” a longer process that would eventually reap bigger results .

In data provided since the National Post story first ran, the agency further detailed that the average “fiscal impact” — which includes all new tax assessments, reduced tax refunds, interest and penalties and all “future” federal tax that may be requested — of each of those types of audits had doubled between 2016-2017 and 2019-2020, jumping from $893,000 to $1.745 million.Article content

“The COVID pandemic impacted operations for the both the CRA and taxpayers, hindering the ability to close a large number of large corporation audits and issue reassessments at the end of the 2019-20 fiscal year,” CRA spokesperson Christopher Doody wrote in a statement.

 

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Jagmeathead has nothing to offer Canada or the NDP he keeps recycling the same garbage...Tax the rich blah blah just fucking go away theJagmeetSingh

They already do this. And find that the biggest criminals are related or funding a politician or his or her family members ... sooo... ? What the question?

And spend more money on that task. Hire some consultants first.

electricity to get away with identity theft deforming the victims, confuse the memories of victims, causes headaches, nausea, facial deformities, other literally stupid reasons make my girlfriend a prostitute, use my sister's baby bonus, get McIn $

Smoke and mirrors Mr.Sing

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