CRA Annual Report to Parliament 2006-2007

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Canada Revenue Agency Financial Statements - Administered Activities

Canada Revenue Agency
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. These amounts include related interest and penalties receivable. Amounts receivable from individuals and employers include Canada Pension Plan contributions and Employment Insurance premiums as applicable.

2007
2006
Gross
Allowance for Doubtful Accounts
Net
Net
(in thousands of dollars)
Income Taxes
Individuals
34,920,455
(3,490,428)
31,430,027
28,926,720
Employers
14,562,102
(555,087)
14,007,015
13,496,637
Corporations
9,665,131
(1,054,676)
8,610,455
5,870,790
Non-Residents
1,080,277
(65,755)
1,014,522
906,302
GST
10,338,439
(1,204,240)
9,134,199
8,075,915
Excise taxes and duties and miscellaneous charges
1,023,099
(22,134)
1,000,965
665,615
Total
71,589,503
(6,392,320)
65,197,183
57,941,979

Changes in the allowance for doubtful accounts are as follows:
Allowance for Doubtful Accounts
April 1, 2006
Provision for Doubtful Accounts
Write-Offs
Allowance for Doubtful Accounts
March 31, 2007
(in thousands of dollars)
Income Taxes
Individuals
(2,082,981)
(2,294,359)
886,912
(3,490,428)
Employers
(375,527)
(381,280)
201,720
(555,087)
Corporations
(1,209,116)
(182,261)
336,701
(1,054,676)
Non-Residents
(60,068)
(10,868)
5,181
(65,755)
GST
(907,343)
(710,087)
413,190
(1,204,240)
Excise taxes and duties and miscellaneous charges
(23,731)
608
989
(22,134)
Total
(4,658,766)
(3,578,247)
1,844,693
(6,392,320)

The provision of $3,578 million ($840 million in 2006) reported above includes an amount of $3,478 million ($810 million in 2006) charged against revenues administered on behalf of the federal government (see Note 2 (e)) and $100 million ($30 million in 2006) charged against revenues administered on behalf of the Canada Pension Plan (see Note 13).



Date modified:
2007-11-01