Curtailing CRA audit power creates dilemma for taxpayers

By Ted Citrome ( August 9, 2019, 11:35 AM EDT) -- The recent Federal Court of Appeal decision in Canada v. Cameco Corporation 2019 FCA 67 and the Canada Revenue Agency’s (CRA) response to that decision have raised the stakes for taxpayers in developing a strategy to deal with a CRA audit. These developments leave taxpayers with a difficult choice: either submit to oral examination or risk being assessed based on incorrect assumptions....
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