CRA Taxpayer Alert: Where you live matters!

The Canada Revenue Agency has issued a Taxpayer Alert reminding Canadians of the importance of properly indicating their province of residence on tax filings.

The Canada Revenue Agency (CRA) is warning Canadians to properly indicate their province or territory of residence on their tax returns. The CRA catches and fines people who attempt to evade taxes by filing a tax return claiming to live in one province but who actually reside in another.

It's the law.

The CRA wants you to know that in addition to paying the proper amount of federal taxes, it is your legal responsibility to pay the proper amount of taxes to the provincial/territorial administration where you reside. If you don't, you are participating in inter-provincial tax avoidance. Failure to accurately report your province or territory of residence could result in undesirable consequences including fines and penalties.

For more information, see the CRA web site at:
http://www.cra-arc.gc.ca/newsroom/alerts/2007/a070327-e.html