Federal Feature Posts

Canada Revenue Agency study says corporations illegally avoiding taxes

Canadian corporations failed to pay between $9.4 billion and $11.4 billion in taxes in 2014, the difference between taxes legally owed and those collected - according to a study released Tuesday by the Canada Revenue Agency (CRA). That means 24 to 29 per cent of all the corporate income tax legally due in Canada didn't get paid that year. This most recent  CRA report examines the federal corporate income tax gap for the tax year 2014. Tax year 2014 was examined to remain consistent with...

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