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Old 07-18-2018, 07:22 PM   #85
CorsiHockeyLeague
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Quote:
Originally Posted by GioforPM View Post
Yes indeed. As I said, accountants and tax lawyers do this all the time with CRA - they seek an advance tax ruling.
Actually, typically not. It takes forever to get, the CRA isn't bound by their own rulings, and it's mostly a good way of saying to the people whose job it is to reassess you that "hey we're thinking of doing this slightly shady transaction that might not be strictly legal". It's usually a better idea not to focus the tax authorities' collective gaze on you at that moment.
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