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The concept of reverse onus, as it relates to taxation in Canada, suggests: Select one:

The concept of reverse onus, as it relates to taxation in Canada, suggests: Select one:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The concept of reverse onus, as it relates to taxation in Canada, suggests: Select one: O a. We should refrain from exercising tax avoidance O b. We should engage in tax evasion O C. We may have to go through an appeal process, firstly with CRA (Canada Revenue Agency) and possibly through the courts, if we disagree with a reassessment O d. We are not required to comply with a reassessment from CRA because a court ruling will be required firstly
Transcribed Image Text:The concept of reverse onus, as it relates to taxation in Canada, suggests: Select one: O a. We should refrain from exercising tax avoidance O b. We should engage in tax evasion O C. We may have to go through an appeal process, firstly with CRA (Canada Revenue Agency) and possibly through the courts, if we disagree with a reassessment O d. We are not required to comply with a reassessment from CRA because a court ruling will be required firstly
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