CRA pursues real estate tax cheats to the tune of $1 billion

More than $422 million from B.C. alone; even tougher crackdown to come Shutterstock Since the Canada Revenue Agency (CRA) starting cracking down on real estate tax non-compliance in 2015, more than $1 billion dollars in tax revenue has been identified, the CRA announced May 30.

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Real Estate Investment Firm in Richmond Hill, Ontario. Community See All.. $1 Billion recovered. biv.com. CRA pursues real estate tax cheats to the tune of $1 billion. More than $422 million from B.C. alone; even tougher crackdown to come.

Since the Canada Revenue Agency (CRA) starting cracking down on real estate tax evasion in 2015, more than $1 billion dollars in tax revenue has been recovered, the CRA announced May 30. Most of this income came from more than 34,000 audited files in Ontario, adding more than $600 million to federal coffers over the past four years.

CRA pursues real estate tax cheats to the tune of $1 billion More than $400 million from B.C. added to federal coffers; even tougher crackdown to come

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Since the Canada Revenue Agency (CRA) starting cracking down on real estate tax evasion in 2015, more than $1 billion dollars in tax revenue has been recovered, the CRA announced May 30. Most of this income came from more than 34,000 audited files in Ontario, adding more than $600 million to federal coffers over the past [.]

CRA pursues real estate tax cheats to the tune of $1 billion The CRA is cracking down on real-estate tax cheating especially in Vancouver and the Greater Toronto Area. Keep reading the full story below.