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CRA Penalizes Taxpayer for Failure to Report the Sale of Residential Real Estate

Summary by Financial Post
A taxpayer failed to report a capital gain of $159,282 and the CRA also hit him with a $21,000 gross negligence penalty. Find out more.

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Financial PostFinancial Post
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CRA penalizes taxpayer for failure to report the sale of residential real estate

A taxpayer failed to report a capital gain of $159,282 and the CRA also hit him with a $21,000 gross negligence penalty. Find out more.

·Canada
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Financial Post broke the news in Canada on Thursday, August 21, 2025.
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