A Matter of Fairness: Cancellation of Interest and Penalties under the Canadian Taxpayer Relief Provisions
Journal
Country
Canada
Published Date
Issue
Bulletin for International Taxation 2011 (Volume 65), No. 10
Document
The authors, in this article, consider the application of the Canadian taxpayer relief provisions and the circumstances in which the Canada Revenue Agency may cancel interest and penalties levied under the Canadian Income Tax Act. The authors also address practical limitations on the ability to secure interest and penalty relief.