PAYPAL ORDERED BY C.R.A. TO FORWARD INFO ABOUT BUSINESS ACCOUNTS

Nov 15, 2017

By Michael Kramer

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The Canada Revenue Agency is ordering the online payments company PayPal – to hand over information about its Canadian business account holders.

In a notice on its website, PayPal says it has been served with a Federal Court order – to disclose the information within 45 days.

The CRA says it’s going after the information to make sure individuals and corporations – are complying with their business tax obligations.

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