Closing Canada’s “tax gap” would raise about $3 billion: report

Author: External Author | | Categories: Tax Accountant , Tax Filing , Tax Returns

Canada should do more to close the “tax gap” that costs the federal government billions of dollars in annual revenue, but even additional resources and compliance measures won’t raise enough to cover massive pandemic spending, a report from the C.D. Howe Institute says.

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Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Mark Burgess

Original Article Posted on:  May 18, 2021

Link to Original Article:  https://www.advisor.ca/tax/tax-news/closing-canadas-tax-gap-would-raise-about-3-billion-report/



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