CRA require PayPal to disclose sales records of Business Account Holders...

2018q2 TAX TICKLERS… some quick points to consider…

CRA has required PayPal to disclose sales and other transaction records for Business Account Holders from January 1, 2014 to November 10, 2017. It is expected CRA will review records for unreported sales.

Employers can now provide a tax-free party or social event to employees where the cost per person is $150 or less (the limit was previously $100).

Although such cases are rarely successful, two taxpayers were awarded nearly $1.7 million in relation to CRA’s malicious prosecution.