OTTAWA, May 17, 2018 /CNW/ – The Canada Revenue Agency (CRA) is committed to maintaining the fairness of Canada’s tax system by addressing non-compliance in real estate transactions. The CRA knows that most Canadians pay their fair share of taxes. Nevertheless, there continue to be tax compliance risks in the real estate sector, particularly in the Vancouver and Toronto markets. In response to these risks, the CRA is continuing to take concrete action to crack down on those who fail to follow the law.

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