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.
Closed meeting of the House of Commons Finance Committee rejected conducting a full probe into reports of politically motivated audits of charities by Canada Revenue Agency (CRA).
"Thanks to the work of our All Together Now! (ATN) campaign talking to Canadians about the need to tax fairness in Canada, we have seen a shift in how people see the issue." — James Clancy, NUPGE National President.