April 24, 2019

Personal Investor: CRA fails audit of itself

A new report from the Auditor General has found that the CRA has been failing in its duties, often violating the taxpayer’s bill of rights. Inconsistent practices within the organization vary from the length of time for correspondences to payment of penalties being forgiven. The agency is not being subjected to a review but in response to the findings, the CRA itself has promised to look into these inconsistencies ensuring all taxpayers are treated equally in the future.

“The auditor has become the audited. In an interesting turn of events Canada’s auditor general has audited the Canada Revenue Agency and found it’s falling behind.”

Read more: https://www.bnnbloomberg.ca/personal-investor-cra-fails-audit-of-itself-1.1171736

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