Global

Details

  • Service: Tax, International Corporate Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 6/20/2012

Canada - General anti-avoidance rule (GAAR) update from CRA 

June 20:  The Canada Revenue Agency (CRA) released updated GAAR (general anti-avoidance rule) statistics, reporting that as of the year ended 31 March 2012:
  • There were 83 GAAR cases referred to the GAAR Committee in the last 12 months.
  • GAAR was found to apply in 80 out of the 83 cases or in 96% of cases.

Cumulative statistics

Since GAAR was introduced in 1988, the CRA GAAR Committee ruled that GAAR applied in 769 of 1,027 cases—or 75% of all cases referred.


Of the 769 cases in which the CRA GAAR Committee ruled that GAAR applied, GAAR was the CRA's primary assessing position in 358 cases (47%) and its secondary position in 411 cases (53%).


Read a June 2012 report, prepared by the KPMG member firm in Canada: CRA's GAAR Committee Batting 964 in 2012




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