CRA is reviewing each voluntary GAAR disclosure
14 July 2026 - 11:43pm
Regarding filings under the optional GAAR reporting rule in s. 237.3(12.1), CRA stated:
The CRA is reviewing each disclosure filed under the optional GAAR reporting rules and will determine on a case-by-case basis whether further audit action is needed. Audits and assessments will be consistent with regular CRA practices and procedures. …
While the information is managed centrally at head office, the information will generally be shared with large file case teams in the regional offices; the same would equally apply to small corporations/taxpayers.
Neal Armstrong. Summary of 18 November 2025 TEI Roundtable, Q. B.5 under s. 237.3(12.1).