Canada Revenue Agency Compliance Activities
Canada Revenue Agency (CRA) has issued a news release on January 8, 2008 regarding its 2006 – 2007 compliance activities. These activities included the following:
- Identified $12.7 billion of non-compliance
- Obtained over 800,000 personal tax returns from taxpayers who had not filed their returns
- Adjusted almost 820,000 individual tax returns after comparing information reported to actual data from third parties or employers
- Reviewed the books and records of over 6,400 businesses – Conducted over 393,000 audits and reviews
Should you be faced with any of CRA’s compliance activites contact North Vancouver accountant, Dustin @ http://www.drncga.com/contact/
For more information on the compliance activities for 2006 – 2007, visit CRA’s website