CRA

CRA Launches Instant ID Verification for Online Tax Services

The Canada Revenue Agency has rolled out a new identity validation service that makes it easier to access online services such as My Account, My Business Account, and Represent a client. This document verification service lets Canadians use government-issued photo ID such as passports or driver's licences to instantly validate their identity and get instant...

CRA Alleges Iristel Involved in Sham Carousel Scheme

The Canada Revenue Agency (CRA) suspects a $63-million error in tax refunds, linking it to a "sham" carousel scheme allegedly involving Iris Technologies, the parent company of Iristel. Based in Markham, Ontario, Iris Technologies, under CEO Samer Bishay, reportedly inflated its sales from $27 million to $800 million within two years, primarily through trading bulk...