Paper-less

Neal Armstrong at taxinterpretations.com reported yesterday on CRA TI 2014-0526121E5, which confirmed that electronic copies of original records should suffice for the purposes of complying with the provisions of the Income Tax Act relating to business records.

Keeping originals might be a good idea anyway, but the electronic copies (pdf scans) could be worth a lot if your filing cabinet floats away in a flood.

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