Indirect Tax Audit Methods: Toronto Tax Lawyer Guide - Tax
Introduction - Indirect Tax Audit Methods Canada's income tax system is designed around every taxpayer, individual, corporation or trust, filing an annual return which reports all of the income that taxpayer earned during the year. Similarly, GST/HST is administered by requiring suppliers of goods and services to regularly file GST/HST returns which calculate how much GST/HST the suppliers are supposed to remit. In most cases the Canada Revenue Agency accepts the return filed by a taxpayer and assesses them for tax liability accordingly. To prevent abuse of this self-reporting system for Cana...
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