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Canada: Penalties for Failure to Disclosure Tax Planning are now “very significant”

www.osler.com/en/resources/regulations/2023/bill-c-47-introduces-significant-changes-to-the-canadian-mandatory-disclosure-rules
www.dentons.com/en/insights/articles/2023/june/26/cras-new-mandatory-disclosure-rules-with-significant-non-compliance-penalties-passed-into-law
www.canada.ca/en/department-finance/news/2023/06/legislation-focused-on-a-strong-middle-class-affordable-economy-and-healthy-future-receives-royal-assent.html
www.parl.ca/DocumentViewer/en/44-1/bill/C-47/royal-assent
www.mccarthy.ca/en/insights/blogs/terms-trade/deemed-ownership-rule-now-force-addressing-heightened-canadian-sanctions-risk
www.parl.ca/DocumentViewer/en/44-1/bill/C-47/royal-assent
www.blakes.com/insights/bulletins/2023/key-amendments-to-canadian-sanctions-legislation-n
www.blakes.com/insights/bulletins/2023/canada-revenue-agency-publishes-guidance-on-mandat
www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/compliance/mandatory-disclosure-rules-overview/guidance-document.html