· CRA pursues real estate tax cheats to the tune of $1 billion.. cra pursues real estate tax cheats to the tune of $1 billion. By Joannah Connolly, Glacier Media Real Estate.

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CRA pursues real estate tax cheats to the tune of $1 billion biv.com – Joannah Connolly Since the Canada Revenue Agency (CRA) starting cracking down on real estate tax non-compliance in 2015, more than $1 billion dollars in tax revenue.

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CRA pursues real estate tax cheats to the tune of $1 billion More than $400 million from B.C. added to federal coffers; even tougher crackdown to come

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cra real.principal residence and other real estate. When you sell your home, you may realize a capital gain. If the property was solely your principal residence for every year you owned it, you do not have to pay tax on the gain.

CRA pursues real estate tax cheats to the tune of $1 billion More than $422 million from B.C. alone; even tougher crackdown to come Shannon Murree – Real Estate, Lifestyle and Brand Strategist

Budget 2018 invests almost $100 million in the CRA, and that is in addition to nearly $1 billion in the last two budgets to allow it to go even further in terms of fighting tax evasion. This budget also includes legislative changes that would close tax loopholes used by multinationals.

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