A client approached our firm for representation after a CRA tax auditor proposed to increase his taxable income by $3.2 million.
As a result of our legal submissions, the auditor reduced the initial proposed taxable income by $335,000 and cancelled all interests accrued due to the CRA’s delays.
This dispute remains active.
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."