CRA Annual Report to Parliament 2005-2006

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http://www.cra-arc.gc.ca/gncy/nnnl/2005-2006/prfrmnc-e/fn_stmt_dt_dmn8-eng.html

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Audited Financial Statements – Administered Activities

Notes to the Financial Statements – Administered Activities

3. Amounts receivable from taxpayers

The following table presents details of the amounts receivable from taxpayers as reported in the Statement of Administered Assets and Liabilities. Amounts receivable from individuals, employers, and non-residents taxpayers include income taxes, Canada Pension Plan contributions, Employment Insurance premiums and related interest and penalties receivable.
2006
2005
Gross
Allowance for Doubtful Accounts
Net
Net
(in thousands of dollars)
Individuals, Employers, and Non-Residents
45,848,235
(2,518,576)
43,329,659
38,877,621
Corporations
7,079,906
(1,209,116)
5,870,790
6,121,209
Goods and services tax (GST) and Excise taxes and duties
9,672,604
(931,074)
8,741,530
7,530,734
Total
62,600,745
(4,658,766)
57,941,979
52,529,564

Details of the allowance for doubtful accounts are as follows:
Allowance for Doubtful Accounts April 1, 2005
Provision for Doubtful Accounts
Write-Offs
Allowance for Doubtful Accounts
March 31, 2006
(in thousands of dollars)
Individuals, Employers, and Non-Residents
(3,615,237)
(175,553)
1,272,214
(2,518,576)
Corporations
(847,333)
(578,950)
217,167
(1,209,116)
Goods and services tax (GST) and Excise taxes and duties
(1,278,117)
(85,953)
432,996
(931,074)
Total
(5,740,687)
(840,456)
1,922,377
(4,658,766)

The provision of $840 million reported above includes an amount of $810 million charged against revenues administered on behalf of the federal government (see Note 2 (e)) and $30 million charged against revenues administered on behalf of the Canada Pension Plan (see Note 12).

Audited

Date modified:
2006-11-23