Subsection 271(1)
Administrative Policy
3 February 2021 Transfer Pricing Webinar of the Canadian Tax Foundation: Panel I: Transfer Pricing Audits and Competent Authority
Canada uses CbC data only for risk assessment (including, sometimes, at the field audit level)
- CRA uses various risk-assessment systems, tools,...
3 December 2019 CTF Roundtable Q. 11, 2019-0824511C6 - Common Reporting Standards
How is CRA using the CRS information obtained by it?
CRA noted that Canada so far has activated CRS exchange relationships with 90 jurisdictions...
Articles
Robert E. Ward, "The Common Reporting Standard Comes to Canada", Tax Management International Journal, Vol. 46, No. 9, 8 September 2017, p. 538
Concerns re information reported to country authority (p. 540)
...FATCA reporting is largely a tax problem for U.S. persons. In contrast, the...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 270 - Subsection 270(1) - Reportable Jurisdiction Person | 159 |
Subsection 271(4)
Administrative Policy
27 February 2024 CTF Transfer Pricing Roundtable
Country-by-country (CbC) reporting
The CbC information is being shared with auditors in the field and is being used in CRA’s risk assessment...