 |
|
"Advance Warning: Taxpayer Beware," CA Magazine, August 2008
|
|
|
|
|
|
|
Date: August 1 2008 |
|
|
|
|
|
Canadian taxpayers have long relied on advance tax rulings issued by the Canada Revenue Agency. The CRA’s system of advance consideration of proposed transactions promotes voluntary compliance and provides certainty for taxpayers in organizing their personal and business affairs. However, what if, despite almost 40 years of established administrative practice, the CRA decided it was not bound by its advance tax rulings?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|