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The Canada Revenue Agency ( CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. [ 4] Legislation administered by the CRA includes the Income ...
The Income Tax Act, Part I, subparagraph 2 (1), states: "An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person resident in Canada at any time in the year." After the calendar year, Canadian residents file a T1 Tax and Benefit Return [ 5] for individuals.
Revenu Québec. / 46.75278°N 71.33167°W / 46.75278; -71.33167. Revenu Québec (formerly the Ministère du Revenu du Québec, Quebec Ministry of Revenue) is an agency of the government of the Province of Quebec, Canada. It collects taxes to fund public services, ensures that all citizens pay their fair share, and administers programs. [1]
Department of Finance Canada. The Department of Finance Canada ( French: Ministère des Finances Canada) is a central agency of the Government of Canada. The department assists the minister of finance in developing the government's fiscal framework and advises the government on economic and financial issues. A principal role of the department ...
t. e. In Canada, taxationis a prerogative shared between the federal government and the various provincial and territorial legislatures. Legislation. [edit] Under the Constitution Act, 1867, taxation powers are vested in the Parliament of Canadaunder s. 91(3) for: 3. The raising of Money by any Mode or System of Taxation.
Quebec is the only province that collects provincial personal income taxes by their agency. Thus, Quebec residents file tax returns with both the Ministère du Revenu du Québec and the Canada Revenue Agency. Alberta and Quebec collect their own corporate income tax. Filing deadlines generally match those of the federal government.
t. e. The minister of national revenue ( French: ministre du revenu national) is the minister of the Crown in the Canadian Cabinet who is responsible for the Canada Revenue Agency (CRA), as well as the administration of taxation law and collection. The current minister of national revenue is Marie-Claude Bibeau who took office on July 26, 2023.
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2022. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)