Published: March 28, 2021
Last Updated: April 26, 2021
Prince v MNR (2020 FCA 32) illustrates that the Canada Revenue Agency’s tax-reassessment powers come with few limits. The Federal Court of Appeal held that the Canada Revenue Agency could validly reassess a taxpayer even though the taxpayer’s unresolved voluntary-disclosure application might bear on the correctness of those reassessments.
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