The Income Tax Act was enacted in the year 1961 and is the statute under which everything related to taxation is listed. This includes levy, collection, administration and recovery of income tax.
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As the Federal Reserve prepares to meet next week for the final time in 2024, analysts are broadly predicting one last rate cut to close out the year.
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When a due date falls on a Saturday, Sunday, or public holiday recognized by the CRA, your payment is considered on time if the CRA receives it on or before the next business day. Note that several ...