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Author: Martin Dimitrov

The CRA is failing to notify Canadians that their banking records are being shared with the IRS
Canadian News

The CRA is failing to notify Canadians that their banking records are being shared with the IRS 

Under an information sharing agreement signed by the US and Canada in 2014, the Canadian government is obligated to share the bank records of persons living in Canada who could be subject to US taxes.One issue that has many Canadians worries is that Canada Revenue Agency does not automatically notify account holders in Canada when their data is being handed over to the US.

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