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CRA pursues real estate tax cheats to the tune of $1 billion

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 · CRA pursues real estate tax cheats to the tune of $1 billion Still, unregistered broker jay kanth Chaudhary’s alleged illegal work between 2009 and 2018 was facilitated by registered brokers and licensed firms, Carter noted, and this should put the industry on notice, he said.

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Since the Canada Revenue Agency (CRA) starting cracking down on real estate tax non-compliance in 2015, more than $1 billion dollars in tax revenue has been identified, the CRA announced May 30. Most of this income came from more than 34,000 audited files in Ontario, totalling $600 million over the past four years.

Since the Canada Revenue Agency (CRA) starting cracking down on real estate tax evasion in 2015, more than $1 billion dollars in tax revenue has been recovered, the CRA announced May 30. Most of this income came from more than 34,000 audited files in Ontario, adding more than $600 million to federal coffers over the past [.]

An unregistered Vancouver mortgage broker may have arranged over half a billion dollars in loans, as well as real estate licensees that he used to facilitate his unregistered mortgage broker. cra pursues real estate tax cheats to the tune of $1 billion; Email to a Friend. Your Email.

CRA pursues real estate tax cheats to the tune of $1 billion by admin May 31, 2019 Since the Canada Revenue Agency (CRA) starting cracking down on real estate tax evasion in 2015, more than $1 billion dollars in tax revenue has.

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