Canadian tax lawyer at Barrett Tax Law, Dale Barrett, looks at the various myths many Canadians have about the Canada Revenue Agency in this informative interview on the Business News Network. The first myth debunked is “The CRA will not find out what I have not told them. ” Dale explains that the “CRA learns a great deal about Canadian taxpayers. Not only does the CRA retain all the information that is provided to them by taxpayers, it also obtains information from third parties including financial institutions, other governments, employers, and other third parties through their tips line.”
The broadcast and article can be accessed here.