US Cross-Border Tax Blog

Published by W.L. Dueck LLP

Posts filed under ‘Canada Revenue Agency’

Steven Flynn

Changing Canadian and US Tax Law

Feedback is a valuable tool for improvement.  Whether you are a student seeking advice from a teacher, a professional listening to clients to upgrade service or a young point guard looking to beat a press (pass the basketball instead of dribbling it), we can all evaluate suggestions to help us improve.  Governments and tax authorities are no exception and often seek out comments and feedback on existing or proposed tax changes.  Recently a number of groups and organizations have offered… Read More


Canada Revenue Agency Extends The 2013 Personal Tax Return Filing Deadline

Recently the Canadian federal government’s website and computers were hit by the Heartbleed bug.  The computer virus took down Canada Revenue Agency’s online filing services and also prompted the government to shut down access to client information sites such as Represent a Client, Netfile, My Business Account and My Account.  Canada Revenue Agency acknowledged that this event impacted individuals trying to gather their information to file their 2013 personal income tax returns which would normally be due on or before April… Read More


Revised CRA Form T1135 – CRA Provides Filing Deadline Extension for 2013 Filers

For the 2013 tax year the Canada Revenue Agency released a revised Form T1135 to report specified foreign property where the cost amount exceeded Cdn$100,000 at any time in the year.  This revised form requires detailed reporting of each foreign property as opposed to the simplistic and aggregated reporting information historically provided.  We previously highlighted the changes to this form in an earlier blog titled New Foreign Income Reporting Requirements for Canadian Taxpayers:   An Update. A particular aspect of the… Read More


Canada Revenue Agency Form T1135

In its 2013 budget, Canada announced the launch of Stop International Tax Evasion Program aimed at reducing international tax evasion and avoidance. The program allows Canada Revenue Agency to pay rewards to individuals with information on significant international tax non-compliance that leads to the collection of outstanding taxes due.  Canada Revenue Agency also announced details to increase compliance and audit efforts on international tax evasion and aggressive tax avoidance. One tool that Canada Revenue Agency has used to gather information… Read More