Accountants Reluctant to Report Tax Delinquency by Small Businesses: CRA Survey

Accountants Reluctant to Report Tax Delinquency by Small Businesses: CRA Survey
The Canada Revenue Agency (CRA) headquarters Connaught Building in Ottawa on Aug. 17, 2020. Sean Kilpatrick/The Canadian Press
Amanda Brown
Updated:
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“Very few” accountants are willing to report on small business who were remiss in their tax filings, according to in-house polling by the Canada Revenue Agency (CRA).

“Very few were interested in the establishment of a system by which tax intermediaries or business owners and operators would report to the Canada Revenue Agency on those they believed might be participating in the underground economy,” said the report, “Underground Economy in Today’s Post-Pandemic Environment,” according to Blacklock’s Reporter.