CRA targeting restaurants

CRA targeting restaurants
CRA targeting restaurants
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The Globe and Mail published an informative article on August 2, 2011 explaining the CRA’s new audit program that targets restaurants using software designed to suppress restaurant sales i.e., zapper software. In addition, the Globe reports that the CRA intends to “develop a broad strategy to tack the problem” and that, although several cases are under investigation, the CRA has successfully prosecuted two cases. Read the Globe article entitled Taxman Finds Rampant Restaurant Fraud.

Insights

Leveraged growth leads to CRA reassessments and disputes. This insight explains how exposure modelling, objection strategy, and dispute readiness affect a company’s ability to reduce or overturn a reassessment.

Counter Sphere 1 Image, with “CRA Reassessments Behave Like Capital Events” title text, Counter Tax Litigators LLP: strategic leadership in complex CRA disputes.

CRA’s audit architecture drives reassessments that behave like capital market shocks inside private companies. This article examines the structural forces at play and how executives maintain control once CRA formalizes its position.