8 March 2018 CBA Commodity Tax Roundtable, Q.13

Policy Tabs

Summaries

Summary Under

wire transfer account info should be confirmed by fax

A non-resident client pays by wire transfer and sends a fax to the Revenue Processing Section to confirm payment - but still receives an...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Summary Under

wire transfers can get lost because of intermediary banks cutting off essential characters

CRA observed that because “intermediary banks often have a limit on the number of characters allowed in [a wire transfer] transaction, so this...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.