CRA now transferring 600,000 banking records per year under controversial information sharing agreement Elizabeth Thompson · CBC News · Posted: Jan 23, 2019 4:00 AM ET | Last Updated: January 23 The U.S. Internal Revenue Service has received information on 1.6 million Canadian bank accounts over four years from the Canada Revenue Agency. (Susan Walsh/Associated Press) 1097 comments The Canadian government has shared more than 1.6 million Canadian banking records with the U.S.
The White House and congressional leaders released a framework for tax changes, but many key details have been left to tax committees. Here’s how that process is working. Jeff Dionise, Ramon Padilla, Paul Singer and Herbert Jackson, USA TODAY The Internal Revenue Service will waive penalties against taxpayers who withheld too little of their pay last year because they were uncertain how President Donald Trump's tax cuts would affect them, officials said Wednesday. The Trump a