“People need to file their tax and benefit forms by the deadline every year to receive benefits and supports from dozens of programs including the Guaranteed Income Supplement for seniors and the Canada child benefit.”
Though the ruling only covers the company’s 2003, 2005, and 2006 tax years including about $11 million in taxes, it will have implications for the approximately $2 billion in taxes, plus interest and penalties, the CRA has assessed as owing in subsequent years.
"It is easier to set up a secret company (in Canada) than it is to get a library card!" — Dennis Howlett, Executive Director of Canadians for Tax Fairness
“Tax breaks for the wealthy and large corporations are expensive, and the way we pay for them is underfunding of essential public services.” — Larry Brown, NUPGE President