WASHINGTON – The Joint Chiefs of Global Tax Enforcement (J5) released an advisory note to financial institutions on May 9, 2024, warning them about five risk indicators tied to cryptocurrency assets that may be indicative of money laundering, cybercrime, tax evasion, and other illicit activities. The advisory was developed by a specialized team of cyber experts, with representation from each J5 member country.
This tax season, the Canada Revenue Agency (CRA) has introduced a new identity validation option, known as the document verification service, to make it easier to register for digital services including My Account.
Tax season is in full swing and the Minister of National Revenue, the Honourable Marie-Claude Bibeau, announced today that the Canada Revenue Agency (CRA) is expanding its SimpleFile by Phone service.
Today you can start filing your 2023 income tax and benefit return online. If you file on paper, you should have received your income tax package in the mail by today.
Free tax clinics made it possible for more than 649,000 Canadians with a modest income to file their taxes and receive more than $1.75 billion in benefits, credits, and refunds last year, announced the Honourable Marie-Claude Bibeau, Minister of National Revenue.
The Joint Chiefs of Global Tax Enforcement (J5) brought together investigators, cryptocurrency experts and data scientists this week in a coordinated push to track down individuals and organizations perpetrating tax crimes around the world.
The Minister of National Revenue announces that owners affected by the Underused Housing Tax (UHT) will have until April 30, 2024, to file their returns for the 2022 calendar year without being charged penalties or interest.