Canada Revenue Agency: Reduce Your Tax Bill With 3 Easy Deductions

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Corporate Income Tax Ottawa ON

Whether or not you like the fact that the Canada Revenue Agency (CRA) gives you a substantial tax bill, you know that you have to pay your dues. Without a taxation system like the one we have, I doubt we would have been able to make it through the loss of income during this pandemic.

Paying your taxes is an obligation, but it also provides you several facilities that you can benefit from in Canada. With all that being said, there is nothing stopping you from reducing your tax bill. There are various tax credits and deductions that can help you minimize your tax bill.

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Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Adam Othman

Original Article Posted on:  November 30, 2020

Link to Original Article:  https://www.fool.ca/2020/11/30/canada-revenue-agency-reduce-your-tax-bill-with-3-easy-deductions/

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