Feigenbaum Law

CRA investigation

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Corporate Tax Planning

CRA Targeting Contractors Buying Supplies at Hardware Stores in New Audit

We’ve previously blogged about various actions the Canada Revenue Agency (CRA) has taken to crackdown on alleged tax evasion in particular industries, including in the bar and restaurant industry. This week, we continue our blog series by looking into a new audit the CRA is undertaking. This time, the agency is undertaking a review into general contractors and those working in the home improvement sector.  This new audit represents the latest in a… Read More

Close up of palm fronds

Corporate Tax Planning

CRA Investigates First Canadian Mentioned in the Panama Papers

A Calgary businessman who is alleged to have evaded tax on more than $2.7 million in payments that were routed through the Cayman Islands is reportedly the first Canadian known to part of the Canada Revenue Agency’s (CRA) criminal investigations into the Panama Papers.  While Revenue Minister Diane Lebouthillier has noted that the CRA has been conducting criminal investigations based on the Panama Papers leak, this is the first time that a… Read More