Canada: Tax Court Of Canada Rejects The CRA's Attempt To Apply Gross-Negligence Penalties In Statute-Barred Years: Fuhr, Et Al v The King, 2024 TCC 43 - Rotfleisch & Samulovitch P.C.
Canada's Income Tax Act generally bars the Canada Revenue Agency from reassessing a taxpayer's taxable income or tax payable after the expiry of the "normal reassessment period."
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