April 9, 2014 - After learning on April 8, 2014 about the Internet security vulnerability named the Heartbleed Bug, the CRA temporarily shut down public access to online services.
E-Services were resumed April 14, 2014. CRA confirmed that interest and penalties will not be applied to individual taxpayers filing their tax returns up until the new deadline of May 5, 2014.
Expenses For Food
Expenses For Food - Exceptions To 50% Addback
In a March 4, 2014 Technical Interpretation (2014-0519051E5, D’Angelo, S.), CRA discussed whether meal costs incurred in a business were subject to the 50% limitation on deductibility. CRA discussed two exceptions to the limitation, as follows:
Taxpayer Ombudsman Says "Donor Beware"
A March 19, 2014 Special Report issued by the Taxpayer’s Ombudsman addresses charitable donation tax shelters which offer "official donation tax receipts several times higher than the amount contributed resulting in tax credits greater than the amount the donor is out of pocket".