CRA News Release: Electronic filing of income tax returns increases in 2007

The following is an exerpt from a news release from the Canada Revenue Agency.

Ottawa, April 19, 2007... The Canada Revenue Agency (CRA) announced today that, as of April 1, 8.3 million people have filed their 2006 income tax returns. Of these returns, 62.4% were filed electronically, as opposed to 61.2% at the same time last year.

The CRA is responding to the interest and enthusiasm that Canadians show for electronic services by investing time and resources to improve its state-of-the-art suite of electronic services and to provide a wide range of electronic filing options.

Of the approximately 25.8 million Canadians who file an income tax return, more and more are discovering that electronic filing is the fastest and easiest way to prepare and file their returns. There are fewer errors and individuals get their tax refunds in eight business days, or less, with direct deposit. In addition to filing a return over the Internet using NETFILE, Canadians can file over the telephone using TELEFILE, or they can file using EFILE through the services of a professional tax preparer.

The full text of the news release can be found at:
http://www.cra-arc.gc.ca/newsroom/releases/2007/april/nr070419-e.html