Effective. Accessible. Responsive
For quite some time now, the CRA has taken the position that (to quote the Employers’ Guide – Payroll Deductions and Remittances ):
Fees paid to executors or liquidators and administrators are either income from office or employment or business income, depending on whether the executor or administrator acts in this capacity in the regular course of business.
In early January, I reported that “the Ministry of Government and Consumer Services (the “MGCS”) and the CRA are working to integrate the information return with the new single tax return.” On Monday, the MGCS issued a notice stating that the process is moving forward as follows:
The following is an extract from a press release posted on the CRA’s website today:
The Canada Revenue Agency (CRA) has revoked the registered charity status of the Francis Jude Wilson Foundation, a Montreal-area charity. This revocation was effective February 23, 2008, and follows a letter dated August 27, 2007, that was sent to the Foundation.