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CRA Taxes – Late Filing Penalties – Reader Question
Find out about late filing penalties for tax filing. . A friend of my girlfriend hasn't filed his taxes in 4 years, and we were just . The penalty is 5% of your 2008 balance owing, plus 1% of your balance owing for each full . 19 Joe. @Marinni. The only way CRA would know you sold the house in Italy is if you disclosed the sale.