A loophole in the Canadian online filing system has cost the overseas taxman
about $US569m (£299.5m) in unpaid taxes.
Loopholes in the Netfile system, such as not having to demonstrate physical
proof of earnings, made submitting inaccurate returns easier. Approximately 15%
of the sample returns filed online were deemed ‘non-compliant’, leading to the
A group of analysts working for the Canadian Revenue Agency made the find
after examining a number of random internet returns for the 2005 financial year,
According to CRA findings, taxpayers who had filed hard-copy returns were
more likely to have fully complied with the tax laws.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy