A Matter of Fairness: Cancellation of Interest and Penalties under the Canadian Taxpayer Relief Provisions

Journal
Friedman, M.; Stirling, A.
Canada
Bulletin for International Taxation 2011 (Volume 65), No. 10
PriceUSD 45

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.