The Canada Revenue Agency says it's working to update its systems to reflect the current inclusion rate on capital gains ...

CRA has said individuals reporting capital gains will have until June 2 to file their taxes without incurring late-filing penalties and interest. However, it isn’t clear whether the relief would ...

The opening days of the 119th U.S. Congress have been marked with congressional action under the Congressional Review Act (CRA) to ...

Another tax season, another tax filing debacle: the Canada Revenue Agency on March 11 announced its systems were not yet ready for personal tax filings that include capital gains. “The CRA recommends ...

The CRA already announced on Jan. 31 it would give individual taxpayers reporting a capital disposition in 2024 until June 2 ...

The CRA will grant relief in respect of late-filing penalties and arrears interest until May 1, 2025, for impacted trust filers to provide additional time for taxpayers reporting capital ...

On Wednesday, the Canada Revenue Agency (CRA) said the previously announced relief of late-filing penalties and interest for trusts (which includes most mutual funds and ETFs) applies to T3 slips as ...

As you begin to prepare your 2024 tax return in the days ahead, you should pay close attention to a seemingly innocuous question on page 2 of the return. The question asks whether you owned or held ...

There are substantial penalties for failure to file this form ... such as Apple Inc., Microsoft Corp. or Meta Platforms Inc., debt of a non-resident issuer, or an interest in a non-resident trust held ...