CRA Aims to Mandate That Tax Payments Over $10K Must Be Done Electronically

CRA Aims to Mandate That Tax Payments Over $10K Must Be Done Electronically
A sign outside the Canada Revenue Agency is seen in Ottawa on May 10, 2021. The Canadian Press/Adrian Wyld
Peter Wilson
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The Canada Revenue Agency (CRA) has introduced a new proposed mandate dictating that all tax payments over $10,000 must be done electronically rather than by mailed cheque, MPs on a House of Commons committee heard Tuesday.

Lindsay Gwyer, the Department of Finance’s director general of its tax policy branch, told the Commons Standing Committee on Finance on April 25 that she is unsure if the CRA will offer alternative payment methods if an individual cannot pay tax bills electronically, as first reported by Blacklock’s Reporter.