Mandatory Disclosure Rules Archives

Navigating CRA’s Mandatory Disclosure Rules: Essential Guide for Family-Owned Enterprises to Avoid Penalties and Protect Your Business

September 3, 2024
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Accounting, CRA

Imagine finding out that a simple oversight in your business’s tax planning could lead to hefty penalties, a surprise audit by the Canada Revenue Agency (CRA), or even fines reaching up to $100,000. For many family-owned enterprises in Canada, this…

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Navigating CRA’s Mandatory Disclosure Rules: Essential Guide for Family-Owned Enterprises to Avoid Penalties and Protect Your Business

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