The Canada Revenue Agency (CRA) (formerly Revenue Canada under the Federal Identity Program The Federal Identity Program is the Canadian government's corporate identity program. The purpose of the FIP is to clearly identify each program and service of the government or the government of Canada in general. Managed by the Treasury Board Secretariat, this program, and the government's communication policy, help to shape the public image of) is a federal agency that administers tax laws Tax law is the codified system of laws that describes government levies on economic transactions, commonly called taxes for the Government of Canada The land occupied by Canada was inhabited for millennia by various groups of Aboriginal peoples. Beginning in the late 15th century, British and French expeditions explored, and later settled, along the Atlantic coast. France ceded nearly all of its colonies in North America in 1763 after the Seven Years' War. In 1867, with the union of three and for most provinces and territories, international trade International trade is exchange of capital, goods, and services across international borders or territories.. In most countries, it represents a significant share of gross domestic product . While international trade has been present throughout much of history (see Silk Road, Amber Road), its economic, social, and political importance has been on legislation, and various social and economic benefit and incentive programs delivered through the tax system. It also oversees the registration of charities in Canada, and tax credit programmes such as the Scientific Research and Experimental Development Tax Credit Program The Scientific Research and Experimental Development Tax Incentive Program provides tax incentives (in the form of tax credits and/or refund) to Canadian businesses to support applied research and experimental development conducted in Canada.
The Canada Revenue Agency was previously known as the Canada Customs and Revenue Agency (CCRA) until a federal government reorganization in December 2003 when it was decided to split the organization's customs and revenue responsibilities into separate organizations. Since then, Canada Border Services Agency The Canada Border Services Agency (French: Agence des services frontaliers du Canada - ASFC) is a federal law enforcement agency that is responsible for border enforcement and customs services is part of the Public Safety Canada Public Safety Canada, formerly known as Public Safety and Emergency Preparedness Canada , legally incorporated as the federal Department of Public Safety and Emergency Preparedness, is the department of the government of Canada with responsibility for protecting Canadians and helping to maintain a peaceful and safe society portfolio to handle customs responsibilities.
The CCRA was short-lived, having been created in a November 1999 reorganization of the federal government where it had been known for many years under its statutory name the Department of National Revenue. It was also referred to as Revenue Canada under the Federal Identity Program The Federal Identity Program is the Canadian government's corporate identity program. The purpose of the FIP is to clearly identify each program and service of the government or the government of Canada in general. Managed by the Treasury Board Secretariat, this program, and the government's communication policy, help to shape the public image of of the Treasury Board of Canada. To this day, most Canadians have continued to refer to the agency as "Revenue Canada" through its CCRA and CRA official designation periods.
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Administration of taxation laws
The CRA administers most individual and corporate income taxes in Canada. With the exception of Quebec Quebec is the second most populous province, after Ontario. Most inhabitants live in urban areas near the Saint Lawrence River between Montreal and Quebec City, the capital. English-speaking communities and English-language institutions are concentrated in the west of the island of Montreal but are also significantly present in the Outaouais, the provincial individual income tax, the CRA Administers all personal and trust tax returns. CRA also administers all corporate income taxes in Canada, except for Quebec and Alberta provincial corporate income taxes. The Ontario Ministry of Finance also partially administers the provincial corporate income tax for tax years ended prior to January 1, 2009, however administrative functions are being increasingly transferred to CRA. [1].
The CRA administers the Goods and Services Tax The Canadian Goods and Services Tax (French: Taxe sur les produits et services, TPS) is a multi-level value-added tax introduced in Canada on January 1, 1991, by Prime Minister Brian Mulroney and finance minister Michael Wilson. The GST replaced a hidden 13.5% Manufacturers' Sales Tax (MST); Mulroney claimed the GST was implemented because the MST (GST) (the Canadian federal value added tax Value added tax is similar to a sales tax. It is a tax on the estimated market value added to a product or material at each stage of its manufacture or distribution, ultimately passed on to the consumer. Maurice Lauré, Joint Director of the French Tax Authority, the Direction générale des impôts, was first to introduce VAT on April 10, 1954,) in all provinces except Quebec, where Revenu Quebec administers both the QST and GST. In Nova Scotia, New Brunswick and Newfoundland & Labrador, where the GST is replaced with a Harmonized Sales Tax In Canada, the Harmonized Sales Tax combines the Goods and Services Tax (GST) and Provincial Sales Tax (PST) into a single sales tax. This changes the PST from a cascading tax system, which has been abandoned by most economies throughout the world, to a value added tax like the GST which is administered by CRA. On March 26, 2009, the Government of Ontario proposed that the Ontario Retail Sales Tax be harmonized with the GST on July 1, 2010. Although not explicitly announced, it is likely this harmonized tax will be administered by CRA.[2]. The Government of British Columbia has announced that it will harmonize its Provincial Sales Tax effective July 1, 2010, at which time the newly aligned tax will be administered by the CRA
Criticism
The Canada Revenue Agency is inconsistent in regard to breaks for delinquent In other cases, a delinquent is a person who fails to pay a debt or other financial obligation, like a mortgage. Failure to cure a delinquent payment can result in repossession or foreclosure. Accounts that are not current are also known as delinquent accounts tax payers, so much that there is a risk that taxpayers could begin to "shop around" to other tax offices for the best deal[3].
The Canada Revenue Agency is also inconsistent when compensating taxpayers for mistakes. A recent case being Irvin Leroux who lost $4.5 million in assets due to a Canada Revenue Agency mistake[4].
2007 network failure
It was revealed, in February 2010, that a computer glitch A glitch is a usually short-lived fault in a system. The term is particularly common in the computing and electronics industries, and in circuit bending, as well as among players of video games, although it is applied to all types of systems including human organizations and nature. The term derives from the German glitschig, meaning 'slippery',, on March 4 March 4 is the 63rd day of the year in the Gregorian calendar. There are 302 days remaining until the end of the year, 2007 2007 was a common year that started on a Monday. In the Gregorian calendar, it was the 2007th year of the Common Era, or of Anno Domini; the 7th year of the 3rd millennium and of the 21st century; and the 8th of the 2000s decade, at 3:20 AM prevented e-filing of taxes for 43 hours (almost two days), which led to a week-long shut down in 2007 2007 was a common year that started on a Monday. In the Gregorian calendar, it was the 2007th year of the Common Era, or of Anno Domini; the 7th year of the 3rd millennium and of the 21st century; and the 8th of the 2000s decade, cost tax payers $ The Canadian dollar is the currency of Canada. It is normally abbreviated with the Dollar/Peso sign $, or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. As of 2007, the Canadian dollar was the 7th most traded currency in the world, behind the US dollar, the euro, the yen, the pound sterling, the Swiss2.4 million (including $115,000 for public relations Public relations is a field concerned with maintaining public image for high-profile people, organizations, or programs. Public relations (PR) concerns professions working in public message shaping for the functions of communication, community relations, crisis management, customer relations, employee relations, government affairs, industry) to fix. The patch A patch is a piece of software designed to fix problems with, or update a computer program or its supporting data. This includes fixing security vulnerabilities and other bugs, and improving the usability or performance. Though meant to fix problems, poorly designed patches can sometimes introduce new problems, made by CA Canada CA, Inc. , formerly, Computer Associates, Inc., is a multinational computer software corporation headquartered in Islandia, New York. More specifically, it develops and markets information technology (IT) management software, which it sells both directly via its sales team and indirectly via systems integrators, value-added resellers, and other, was intended to prevent large computer failures in the future. Instead, 16,515 tax returns were not properly submitted and 2,100 people were temporarily out of work. It took about ten days, after the removal of the glitch, to restore the network. The patch was tested, before it was installed, but it was later determined that the testing was not appropriate given the size of the network[5].
See also
- Taxation in Canada The level of Taxation in Canada is average among Organisation for Economic Co-operation and Development countries. Approximately 70% of the Canadian government's income comes from taxation, the rest from tariffs, fees, and investments.[citation needed]
- efile EFILE is the system used by the Canada Revenue Agency as a means for electronically transmitting tax returns. EFILE is only available to professional tax prepares and is not to be confused with the publicly available NETFILE. EFILE is a form of Electronic Data Interchange
- NETFILE NETFILE is a transmission service available from February through September each year that allows eligible Canadians to submit their tax return to the Canadian government using the Internet. To file using this method, you must first prepare a tax return using a Canada Revenue Agency approved commercial tax preparation software package or Web
- Canada Border Services Agency The Canada Border Services Agency (French: Agence des services frontaliers du Canada - ASFC) is a federal law enforcement agency that is responsible for border enforcement and customs services
External links
References
- ^ "Single Administration of Ontario Corporate Tax". Canada Revenue Agency. 2009-03-20. http://www.cra-arc.gc.ca/whtsnw/tms/ctao-eng.html. Retrieved 2009-06-05.
- ^ "Single Sales Tax". Government of Ontario The Government of Ontario refers to the provincial government of the province of Ontario. Its powers and structure are set out in the Constitution Act, 1867. 2009-06-03. http://www.rev.gov.on.ca/english/notices/sst/01.html. Retrieved 2009-06-05.
- ^ "Tax breaks for Canadians inconsistent: poll". CTV News CTV News is the news division of the CTV Television Network in Canada. The name CTV News is also applied as the title of local and regional newscasts on the network's owned-and-operated stations, which are closely tied to the national news division. 2009-01-17. http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20090117/canada_revenue_090117/20090117?hub=Canada. Retrieved 2009-01-18.
- ^ "Revenue Canada refuses to pay for million-dollar mistake: poll". CBC News Established in the 1930s, CBC News is the department within the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on CBC television, radio and online services. CBC News is the largest news broadcaster in Canada with local, regional, and national broadcasts and stations. 2009-04-23. http://www.cbc.ca/canada/british-columbia/story/2009/04/22/bc-taxmistake.html. Retrieved 2009-06-12.
- ^ "Tax agency spent $2.4M fixing computer glitch". CTV.ca CTV is a Canadian English language television network. It is Canada's largest privately owned network, the main television asset of CTVglobemedia, one of the country's largest media conglomerates. Since 2002, CTV has consistently placed as Canada's top-rated network in total viewers and in key demographics, after several years trailing the rival. http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20100224/tax_glitch_100224/20100224?hub=Canada. Retrieved 2010-02-24.
Categories: Canadian federal departments and agencies | Taxation in Canada | Revenue services
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Fri, 16 Jul 2010 14:38:45 GMT+00:00
North Shore News As reported in the Globe and Mail this week, the Canada Revenue Agency is preparing to loosen the rules around voluntary disclosure for big-time tax dodgers ...
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implementing the CCRA s performance measurement framework Main Points Appeals about appeals
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hu, 18 Mar 2010 21:45:00 GM
From January until the end of March 2010, the . Canada Revenue Agency. (CRA) is issuing weekly tax tips with information geared towards specific groups that are most affected by new and existing credits, deductions, and benefits in the ...
