Canadian Tax Court Holds that Agreements Reached Under the Mutual Agreement Procedure are Binding on the Canada Revenue Agency | McDermott Skip to main content

Canadian Tax Court Holds that Agreements Reached Under the Mutual Agreement Procedure are Binding on the Canada Revenue Agency

Canadian Tax Court Holds that Agreements Reached Under the Mutual Agreement Procedure are Binding on the Canada Revenue Agency

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K. Christy Vouri-Misso and Steven Hannes wrote this bylined article about a Tax Court of Canada ruling which overturned a Canada Revenue Agency (CRA) action and upheld agreements reached under the Mutual Agreement Procedure (MAP). “This case is helpful to taxpayers with cross-border transactions between the US and Canada and demonstrates that MAP agreements are binding on the CRA,” the authors wrote.