Tax Write-Offs Worth $3.3B

Tax write-offs cost more than $3.3 billion last year, an increase of millions over 2019, according to an internal Canada Revenue Agency audit. The report disclosed the Agency typically “stockpiled” unrecoverable taxes for write-downs: “An uncollectible amount can be written off at any time.”

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top