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CRA Facts and Bullet Points

CRA Facts

CRA stands for Certified Registered Accountant. It is a certification program for accounting professionals in Canada.

The CRA is responsible for administering the Income Tax Act and the Employment Insurance Act in Canada.

The CRA also provides various tax credits and benefits to individuals and businesses in Canada.

CRA Bullet Points

  • CRA offers various tax credits and benefits to individuals and businesses, such as the Goods and Services Tax (GST) credit and the Canada Child Benefit.
  • The CRA provides various services to individuals and businesses, including tax filing and payment, as well as assistance with tax-related issues.
  • CRA offers various programs to help individuals and businesses with their tax obligations, such as the Voluntary Disclosure Program and the Installment Agreement Program.
  • The CRA is responsible for enforcing tax laws and regulations in Canada, including investigating tax evasion and tax avoidance.
  • CRA provides various resources and tools to help individuals and businesses with their tax obligations, such as the CRA website and the CRA mobile app.

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