CRA Seeks $100M in Unpaid Taxes from PEI
Montreal News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Canada Revenue Agency is pursuing $100 million in unpaid taxes from over 16,000 individuals and businesses on Prince Edward Island. Many debtors are self-employed individuals who lacked proper bookkeeping, leading to significant debts. Insolvency trustee Mark Marshall advises filing returns and seeking payment plans early. Senator Percy Downe highlights the issues impact on tax cuts and services. CRA officials emphasize their preference for payment arrangements and urge Islanders to check their status to avoid legal action.
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