ONLINE MEETING: Budget 2024: Changes to CRA Administrative Powers and their Impact on Taxpayers
This meeting is being hosted by the Taxation Law Section.
| Speakers: |
Michelle Moriartey, Partner, Farris LLP |
| Time: |
Tuesday, May 28, 2024, 5:00pm - 6:00pm (PT)
Optional - Virtual Networking Opportunity! Sign in at 4:45pm to connect with colleagues in breakout rooms. |
| CPD Hours: |
1.00 hour |
Synopsis
The recent federal budget proposes several amendments to the powers of the Canada Revenue Agency (“CRA”) to collect information from taxpayers for purposes of the administration of the Income Tax Act and other federal tax statutes. These proposals include a power to compel taxpayers to provide information and documents under oath, and new measures to address non-compliance with audit requests, including the issuance of “notices of non-compliance”, imposition of penalties for non-compliance and extensions of the normal reassessment period.
Michelle Moriartey discusses the scope of these proposals, legal and practical concerns, and the expected impacts on taxpayers and their advisors in their communications with the CRA.
Territorial Acknowledgement
This event will be broadcast from the traditional and unceded territory of the Coast Salish peoples, including Tsleil-Waututh, Squamish and Musqueam First Nations. We encourage members to explore the rich history and knowledge of Indigenous people, and to continue learning about their experience in Canada past and present.
Webinar/Teleconference
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Disclaimer
Please ensure to sign-in with your full name at the meeting, to not do so will result in de-registration. CBABC requires this as a record to confirm your attendance for this meeting for your CPD reporting (if applicable).
